Replies to post #4452 on BigHub.com Inc (fka BHUB)

[TOMKAT]

Living. Because the MMs do not pay for the phantom shares they borrow from the brokers something called a trigger price exists. This is a ceiling on the price a particular stock can go to before the broker demands payment. In a case like this the trigger price maybe , say .0008. The MMs will try to resist this price so keep selling phantom shares until they ABSOLUTELY have NO choice. When the trigger price is hit, we have a scenario where an number of 'short' MMs have to buy back the shares they owe.. Mother of all short squeezes. News like we had today re a confirmed 20m A/S is virtually unheard of to the degree the MMs are oversold. I have to say I am slightly erring on disbelief here but as TPL states this is breaking news. If it is correct and R/M happens then I think Im rich lol