KowaBunga! Inc fka KOW (KOW)

[abh3vt]

Bo, I had been thinking that some of the recent selling was caused by short selling, or hedging in anticipation of the SB-2 filing being declared effective.

After looking at the latest short interest figures, I no longer believe in that theory.

It looks like there were some aggressive *natural* sellers in the first week of June, either margin induced or from remnants of the Form 144 notices.

Someone did very well buying those sub $2 shares....that was probably the bottom. I think we need to consolidate the latest up move, so some selling back down to the 2.90 range would be "healthy" for the stock, IMHO.