News Focus
News Focus
Followers 0
Posts 14228
Boards Moderated 0
Alias Born 11/23/2010

Re: Mr Wizard post# 97342

Sunday, 11/25/2012 10:30:06 AM

Sunday, November 25, 2012 10:30:06 AM

Post# of 135388
The writing has always been on the wall here. Huge naked short position created by MMs, particularly Knight Capital Group (NITE).
The question is who would create a website saying the issued and outstanding shares are 18.5B out of 20B shares authorized. Does seem a bit odd and even more odd is the company contact information is based in Vietnam. Very strange indeed !

Would love to see the short get destroyed here. Perhaps, that is what is going to occur. It sure seems possible. I love it when short sellers lose in a BIG way like they did on SRG*

It remains to be seen but I will be watching this one closely and perhaps if the DD points to a massive reverse merger, I just may buy up a bunch more shares.

Cheers,
PC

Disclaimer: My opinion is based on extensive DD of fundamental & technical analysis of the company, its business plan and management.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y