Seven Arts Entertainment Inc (SAPX)

[Bigdogs]

Some MMs like EDGX and EDGA look to be trying like crazy to stop this from running.

The Buys come in hard and then Ask moves up for a minute only to see the Bid Drop and Ask Drop to a lower price on No Sells.

Looks like there is a Large Naked Short in this IMO. No comments from the peanut gallery please.

http://failstodeliver.com/default.aspx

At some point the spark will hit and this will push to .04-.07 IMO.

In the meantime I will load the .02s

My guess is the Naked Shorts refuse to cover unless this breaks some big Technical resistance levels like the 50 day at .04.

They are banking on R/S news and or Delisting but with the Market cap at less than 4 Million both of these events are already built into the price especially with the 250k Buyback coming in to support the price and take this towards Double digits IMO.