Replies to post #24246 on InterCloud Systems Inc. (ICLD)

[DTGoody]

Shorts will have to cover before the reverse split takes effect on March 31st. They know this, and they are shaking the weak hands (scared money) out of this.

Eventually the shorts are going to have to let this go and cover all of their short positions before the reverse split. They are being very aggressive today. I expect some very nice gains are coming our way into next week up until the 31st of March.

[shotsky]

Because the R/S is not about Nasdaq listing, as I have said many times. They need to reduce share count because there are not enough available shares for conversion should debt holders choose to convert. Don't forget, when they do conversions, they ALSO reduce the debt.
This RS is about creating a much smaller OS more than anything else. It is incidental that the stock price will increase by 4X, that is not the goal, at all.