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Re: Hockmir post# 38

Monday, 07/04/2011 11:31:10 AM

Monday, July 04, 2011 11:31:10 AM

Post# of 136
How cool, write negative articles (GSR like) and members of this site profit from the collapse of the stock after the article is released. Can anyone join? Who was feeding negative info to the windsor star reporter abd directly quoted in his articles? What a cool way of making guaranteed $$$$.

As EDD says "jmo"

How cool front run a short and start a negative campaign!!

* Important Disclosure: Prior to the publication of its original investigative report on JAMN, TheStreetSweeper (through its members) effected a “short sale” of 30,000 shares of the company's stock, beginning on May 4, 2011, at an average price of $2.98 a share, with the intent of profiting from decreases in the price of the stock. TheStreetSweeper covered its entire position on May 18 at $1.51 a share.

* Update: TheStreetSweeper established a new short position in JAMN on May 20, when it sold 10,000 shares of the company's stock short at $2.58 a share. It increased its short position to 40,500 shares, at an average price of $2.13 a share, on May 23. It may choose to further adjust the size of this investment -- increasing, decreasing or covering its short position in the stock -- and will fully disclose the details of those trades as they occur.

* Update:  Due to the threat of a "forced buy-in," TheStreetSweeper covered its short position of 40,500 shares at an average price of 2.08.

* Update: TheStreetSweeper established a new position in JAMN on June 7, when it sold 55,825 shares of the company's stock short at $1.98 a share. It increased its short position by 5,000 shares on June 8 and has now sold a total of 60,825 shares short at an average price of $2 a share. TheStreetSweeper covered that short position, under a "forced buy-in," on June 13 at $1.99 a share.

As a matter of policy, TheStreetSweeper prohibits its editors and reporters from taking financial positions in any stocks that they cover. To contact Janice Shell, the author of this story, please send an email to editor@thestreetsweeper.org or directly to janiceshell@hotmail.com.

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