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Thursday, May 26, 2011 5:16:41 PM
That level is going down sooner or later. You cant keep the potential of this company down. Its to strong..
Buyers will scrape and crawl their way through it or a nice little short squeeze will blast through it....
Shorts may attempt to make a stand but even they have their limits...
We are talking .0018 versus projections of some to .10 cents. The stock was at .15 less than a year ago. Remember that even a spike on the shorts will trigger margins calls. Just a fact of life no matter if the stock later retraces to .05 cents from .15 cents. Once that margin call is done your short position is done and usually quite painful at that..
Anyway .0018 is a pretty low level to make a short stand.. Risky too!!!!
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