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Re: Dayztrader post# 18341

Wednesday, 05/25/2011 4:34:37 PM

Wednesday, May 25, 2011 4:34:37 PM

Post# of 29739
There are Naked Shorts. 86 days on the RegSho list.
http://www.buyins.net/tools/symbol_stats.php?sym=NWMT

There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more and
the level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding.

If there is anything from the Webcast this coming friday that makes it tempting to buy, the shorts will be covering.
The question is, how many shares are short? Doesn't appear that there are that many.

http://www.otcmarkets.com/stock/NWMT/short-sales

Therefore, in my opinion, it lacks sufficient fuel to make a powerful short squeeze possible.


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