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07/08/07 2:10 AM

#40065 RE: stockhound101 #40064

There are no longs "with large positions in this stock right now". No long has ever claimed to own even 100 million shares, and even that many shares is only worth $10,000 today, and in 2 weeks, it will be worth $500 .

How could a company figure out that the best way to scare shorts away, is to drive the price immediately to 0.0001 , where shorts love to cover.

Unless, the company is covering its own shorts.

janice shell

07/08/07 5:30 PM

#40085 RE: stockhound101 #40064

I agree that any would be shorts are laughing all the way to the bank right now by being able to buy back shares at the bottom.
Nice of them to leave a bid. Janice must of called them out of the goodness of her heart and asked them to help the poor unknowing investor out by leaving the bid up.


What difference does it make? Shorts don't cover on the bid, unless the stock's moving down rapidly. Of course, there aren't any shorts...