Deano: We could blow through $100/share if Rufus does what he says he is planning and the illegal naked shorting is twice the float as some believe - not to mention the float my be tightly held by "friendlies" who know not to even begin selling until we are in the high double digits. Some may even be holding for triple digits if the audited assets on the coming 10-KSB are in the BILLIONS. Remember Rufus even said, on one of the MP3s, something like they have an additional $15 (or was it $16) BILLION lined up from investors that they have not had time to get to yet. Maybe that is why they exude confidence the way they do on all the MP3s.
I the last MP3 interview (which is not the one mentioning the many BILLIONS waiting in the wings) got better as it went on and the end was the most telling regarding the good things to come for CSHD shareholders.
These guys are loose and having a good time, because they now what is coming. Rufus even warns shareholders a number of times not to be concerned with the share price before the reset. I wonder how many really listened?
IMO
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Posted by: universaltrader In reply to: None Date:8/17/2006 10:24:28 AM Post #of 44941
Just talked to Ben Stanley
(678) 255-7650
He said:
Now that the shares have cleared the brokers the plan is moving forward this week. (he seemed very excited about being on the SHO list, and was laughing)
Shorty about to get squeezed big time, maybe Rufus is timing things for this for when he lets loose with the $15 reset.
Could possibly produce one of the biggest squeezes in the history of the market.
If he really wants to punish shorty, this would also explain why he is not saying anything.
This could be massive!
FWIW & IMO
Free Naked Short Lists (Finds Stocks With Illegal Shorts) Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. SEC Regulation SHO, under the Securities Exchange Act of 1934, mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
BUYINS.NET has automated the collection of this data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS every night and uses counters to track which stocks are about to have forced covers.
Posted by: GreedyFox2 In reply to: None Date:8/17/2006 10:00:37 AM Post #of 44867
CSHD on SHO list for 7 days now...short squeeze.
This is not an offer to buy or sell securities. Information or opinions are presented solely for informative purposes, and are not intended nor should they be construed as investment advice.
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