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Lindy

03/21/07 7:28 PM

#4443 RE: IH Member [Kris] #4440

TPL does this stuff in his sleep and will answer this post. I would say that a rising price does cause them to have to cover or buy back in. As it rises, they lose more. Short squeezes have been a mainstay for the past year. We think PKTO was one. The reverse merger and new cusip causes the shorts to have to cover. No one has yet mentioned Mike Burke's concern today, when he said the float SHOULD BE AT 20MIL and he doesn't understand how it can trade so much. That's party time for us BHUBers, lol. MOASS!!!
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golfjunkie1

03/21/07 7:45 PM

#4451 RE: IH Member [Kris] #4440

MMs usually win when they short but sometimes they get backed into a corner and have no choice but to cover, just need a catalyst for shareholders to buy and hold. There has not been much to grasp onto with BHUB so far so traders are flipping. This may change now.