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Re: phithebuilder post# 42023

Saturday, 01/18/2014 10:16:30 AM

Saturday, January 18, 2014 10:16:30 AM

Post# of 91007
Lets say IR has been naked shorting this stock and was 150 million short. We could have seen a cover here which caught everyone by suprise, including our typical in house shorters. Who needed to get the price back down to cover there own stuff after the run. Just a thought.
EDIT: And the 150 is my number, maybe 89 million who knows... I'm sure IR's plan was to hold this thing down until after the sale of assets and then cover at the very bottom of .0001 or at all. I don't think they were anticipating someone(mystery investor) covering the loan.
LJ

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