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stockseekerok

04/30/15 1:04 PM

#9119 RE: Lombardi #9118

I am not sure I follow you since i wasnt talking about shorts. But on that subject i was reading that ebl guys posts and he seems to think he has something figured

eblnobody bothered to look at the 226,000 shares short outstanding that accumulated,and then it happened,down to $7.63 in a heartbeat.it hung at $7.63 for at least 2 hours without a trade,before it resumed down.the rest is pure math.an $8 gain per share short on the 226,000 shares shorted in MARCH nets the $2 million seized at the company(that's not published)



All i see is he is trying to do a total accounting that the Company was perhaps the sole shorter

All I know is there were many people playing FSPM short and long during its movement before the halt.

This board even had its own resident shorter (at least one that would admit to it ) at that time, He played the stock often, more short than anything but he would sometimes play a move up.

Not arguing the short position mentioned because obviously the stock was being shorted, it is just not conceivable that the Company did the total 226k short he mentions in order for him to arrive at his 2 million dollars siezed claim Knowing that many other shorters were playing this stock then :)