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Re: A deleted message

Thursday, 06/09/2011 11:16:56 AM

Thursday, June 09, 2011 11:16:56 AM

Post# of 95898
I highly doubt there is a short position in this issue. Substantial short positions in penny/sub-penny stocks only occur when there are convertible debentures, i.e. the toxic death spiral. There's no mention of any convertible debentures in the disclosure statements, that I can find. What's more probable is that the price goes down when there are more sellers than buyers of the 38.6M float, just the usual trading pressure on the bid/ask. And dilution of course, and the dumping of formerly restricted shares.

Just my opinion.


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