Rocky, Tech ( Hi DJ didnt realise you were moderating here )
I have searched for further reference to Streichers 'indictment'without luck.
Have you been able to confirm ?
It seems we are being heavily shorted.
About 500K has to be covered on Monday Another 2.5 M on Tuesday.
Seems we are also on the naked short list. Whether that list includes the above or there are even more shares shorted I cant tell.
Trouble is with naked shorts, the SEC dont seem to have any control or cant do anything because invariably its off shore entities which are doing the shorting. They just pass the buck to their buddys when its time to cough up.
But I think whoever called for a new specialist (cos he should be the policeman on point here) has a good argument !
Interested in your views. I know DJ feels much the same about this scam. Its erroding confidence.
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