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Re: ub2 post# 89594

Thursday, 12/05/2013 5:39:01 AM

Thursday, December 05, 2013 5:39:01 AM

Post# of 130517
This is setting up for a "short squeeze" run back to the 52 week high in the .20 range. I think it will hold that range and move higher from there as the time frame for the up listing to NASDAQ shrinks. My expectation is that the up listing will occur in the second quarter of 2014.

The shorts are struggling to keep a lid on the share price as follows:

12/2: 2,582,665 Shares Traded - Short Shares: 792,534 30.6%

12/3: 4,894,225 Shares Traded - Short Shares: 2,858,364 58.4%

12/4: 6,053,177 Shares Traded - Short Shares - 2,686,009 44.4%

6,336,907 Short Shares Over the last three sessions.

p.s. Anyone who has followed penny stocks are aware that this could run substantially higher than Jason Napadano's valuation of .20 as the shorts panic and cover. Interesting days ahead.