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momentumtrader

08/28/06 2:55 AM

#22916 RE: NC Rookie #22915

My personal opinion
I spoke to management, and they feel there are between 100 and 250 million shares short in the stock. I think the shorts did everything in their power to weaken the stock. I think they were hoping to get people to sell at very low prices. All they got was a massive amount of buying instead. I think the shorts are in a lot of trouble and we could see a short squeeze potentially in the next few days or weeks that could send the stock skyrocketing. Unfortunately I did not accumulate as many shares as I would like to have had. I personally think this stock is severely undervalued and it is very evident that it has been heavily shorted and from what I can understand the shorts have not been able to cover the way they would have liked. Good luck to all longs. I just hope we get the short squeeze that I think could happen. If we do, God bless us all.