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Wednesday, May 04, 2011 12:05:27 PM
short positions started back with the run on April 25 and more on the recent subsequent moves.
Realize 2+ million shares shorted with a float of 38 million when we are setting at a penny with high expectations could be tough, especially with a lock down meaning we are not selling....
They could try to short more if buying picks up but this would just fuel the fire. Eventually it gets to a point they need to cover and thats when, as long as we hold, the shareprice explodes upward.
I have talked much about how the market needs to properly price DNAD. Heck a book value of .045. A buyout value of .10 to .25 cents is reasonable. One way or another we get there, sooner or later. The shorts just might make it sooner..
We will have to see!!
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