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Re: theBroker post# 2770

Thursday, 05/05/2005 8:36:13 PM

Thursday, May 05, 2005 8:36:13 PM

Post# of 4978
theBroker~~IMO SteveSmith is wrong. I repeat:

Do you and SS believe that the Shorts are going to race to flood the market with buy orders for SNDH?

If and when there is a forced cover of at least a couple million shares of SNDH, the price will go up dramatically. That will happen whether it happens now or later. What the shorts gain is they are reducing their loss by the number of shares that they are able to cover now at a discounted price.

They may have longer than 13 days to cover. This is not clear yet.

The MMs/Brokers are Shorty in this instance. So you may have some MMs with different agendas out there the day of the squeeze.

There is a "Broker to Broker Failure to Deliver" going on now and will continue until all the shares are delivered to the HQNT shareholders.

Shortly can only buy what is available to purchase unless he is somehow engaging in illegal naked shorting of SNDH. This is why there haven't been a lot of shares purchased. The Shorter MMs/Brokers have been manipulating the SNDH price downward to try to convince SNDH shareholders to sell now before the price drops even lower.

If you think it is so dismal for HQNT and SNDH, them you should sell while you still can recoup some money.

Res

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