Where is NITE getting the shares? Hmm.. TA still gagged, no clarity regarding shares. For a company that fails to effectively communicate- consider that the company may be selling shares into the market. I hope I'm wrong.
Rob One of the brokers at Trac data is going to call Penson compliance to see if he can get that information for me. Peson is the clearing firm that has a very close realtionship with Nite Securities. Lets once and for all find out if this is naked shorting or company selling? I personally do not think the company is selling but anything is possible. Lets find out who their client is that has so many shares.
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