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Re: joro44 post# 6773

Tuesday, 07/26/2011 10:07:19 AM

Tuesday, July 26, 2011 10:07:19 AM

Post# of 38473
NITE is being a very effective AXE.

NITE is responsible for it not jumping, by really aggressive shorting. Pretty sure of that. So to smooth out the shorts, NITE will buy during the day to balance out, so the total outstanding short is minimal by the end of the day, like the last two times.

I actually played the stock on the non-predictability of UBRG releasing the 10K this week, given past experiences. So I had only 100K as of Monday night.

However, I thought with a 10K this puppy would go to at least .20 and I would never pick up 185K this morning below .08 - that really surprised me.

I still suspect that Solomon Ali, now has every reason to start his marketing and relationship release campaign, and so we should sit tight and see where this goes over the next four days. We could be mildly happy in a few more days. Solomoon Ali the Quarterly would be nice at this time - like tomorrow or later today when NITE is still adjusting the short.



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