InvestorsHub Logo

jabberstox

08/11/06 6:44 PM

#2870 RE: midas716 #2868

I really dont understand what you just said...but....let me tell you what I mean if case I didnt get my point across....one can and does make money when long on a short squeeze....but one has to believe there are shorts to take a position say at the short squeeze price of .13 to do that....It sounded like lowman was telling this guy to learn about shorts, educating himself so he could make money in such a situation!!!!!

midas716

08/11/06 6:45 PM

#2871 RE: midas716 #2868

i believe i can see whats going on here now also, jul 27 we closed at .27, jul 28 we gapped down .045 and went down another .05, thats the day they shorted the heck out of this stock, i was so focused on looking at the previous spike i missed the obvious, the shorts ahve been in for a while now and this is now a gradual take down, good news is we are holding tight right where we are, only problem is we are still going down slightly each day, good news is there is seriuosly light volume, other wise, IMO, we'd have gone down more, the shorts are being tempered possibly by actual buying and it's probably holding them back with possible pending news, which is good