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Re: Unflushable post# 935

Monday, 10/31/2011 7:08:38 PM

Monday, October 31, 2011 7:08:38 PM

Post# of 2254
I did not understand your shorts question, sorry. Naked shorts have 3 days to cover (IIRC, but it is more complex for MMs and brokers), borrowed shares (borrowed by shorts to sell) pay a rental fee to hold (stay short) as long as they want.

The stock is down with the market, plus the last 2 news cycles, one is that the CFO/director resigned (news today, resigned for [personal reasons, possibly health?), and the other is the vehicle subsidiary took out a loan. I think they took out the loan in vehicle subsidiary to fund receivables and volume growth in sales )based on prior news), and to show that a China bank would lend them 7-8 million US dollars, but I think some shorts jumped on the news first.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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