Rich and Brent,
Very happy for you guys today. I am not in SPRL yet but want you to benefit from this info. please pass it along to the major holders of SPRL. I just posted this on EQBM. I know Opus is reliable!
Hey everyone, MM and those responsible for shorting are playing games with us. They will put off covering as long as possible as they pass your shares around from one place to another "borrowing" around in circles to make it look like nothing is happening.
The gentleman below listed a way to stop this nonsense. This would cause a lot of the games to stop. You all know with this news over the past two days and more coming and this volume we shouldn't be at this current price. Let's stick it two them. Call your broker and take your shares out of the game. This will amplify the potential of this stock greatly. Your shares will then only be available for you to do what YOU want and keep them from passing them around to allow them to LOOK like they are covering while keeping the price down. There advantage to doing this is they can slowly cover at much lower prices!
Good luck to all here! Holding for the dollars not cents!
Posted by: opus
In reply to: Pennies88 who wrote msg# 16996 Date:11/14/2006 12:33:47 AM
Post #of 17148
I'm new to this board, but I do have a nice position in this stock.
If you want to mess with the naked short sellers, think about this.
As I understand it from my broker. Stocks held in street name by your broker can be loan out by the brokerage firm for the purpose of short selling.
If they hold your stock in your name only they cannot loan it out, thus its just like having the cert,in hand.
Check with your broker about having your stock in EQBM held in your name. The more thats held in your name the less is available for the short sellers to manipulate thru the system.
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