Replies to post #19586 on RushNet Inc (RSHN)

[AK47]

I was wondering the same thing? How do they 'take' those shares back? The only way I can think this would have happened is some MM just did a naked short. So assuming that he naked shorted those 500 million shares, there are 2 billion shares out there rather than 1.5 billion shares. Those 500 shares are not real so he has to cover the position by buying those shares that he 'borrowed' to sell to other people. Any thoughts anyone?

AK

The number I used are just made up. I don't know what the real numbers are....

[marayatano]

SHorts would have to cover if the PPS goes up, then the Shorts'losses also increase. Then the Shorts are put up agasint the wall and have to make a choice... stay in their current position OR Buy to cover their shorts... IF they cover, the PPS would have more momentum going upwards becasue of the shortage of shares. Then supply and demand kick in and is more evident ... Another positive factor is that there is approx 1/3 the float in the market which is greater for momentum.

Everythink said here is just my opinion. If anyone wants to add to it or correct anythink, feel free to do so.

Any, maybe we can have a rough idea on our share counts.

I have approx. 15 plus million total of RSHN. (Sadly alot of them were up in the run up to the penny. I averaged down when it was in the 20 to 22 range and then in the 15 range. Could not liquidate my other positions in the other stock to add more to my RSHN position. Oh well...)

I think Corr has a plan to propel the PPS. He has something up his sleeve. Possibly, for a lack a better term, a "mini PR blitz." He has a reason to do this.

The future, near term, mid term and long term seem very favorable at this time.

GLTA and Mr. Keysian (my favorite person on teh Board)!