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Re: None

Thursday, 08/23/2012 8:23:43 AM

Thursday, August 23, 2012 8:23:43 AM

Post# of 67010
Short volume yesterday was tiny at about 10 million, or 4%. Two days ago it was massive short volume, consistent with MM's taking shorts right through a reverse split, and making more when the pps post reverse split goes down. However, once the 8-K informed brokers, etc. that the all pre-split shares need to be turned in for new shares (or short submitted via a form), the short volume dropped to 4%. It will be interesting to see what happens today. If short covering commences, it may get interesting. And, the post R/S pps should be .50 per share (.0001 x 5000). For all the right reasons this stock should go north very quickly. Just my opinion. Go CGFIA. gg
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