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camper9

01/21/09 7:25 PM

#50780 RE: frogdreaming #50778

On the contrary. If the company goes into bankruptcy, then those shares sold at 0.0001 never have to be covered, yielding profit for those who sold them at that level.

      ¶ Once the pps is at .0001 there is no more money to be made by selling.
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mm107

01/21/09 11:35 PM

#50841 RE: frogdreaming #50778

Frog, we are planning on these shares that were sold to be NSS.

Very good at "just" covering, but how can they cover when shares are held tightly? There are NSS shares out there so we are churning shares.

Tell me why a stock at .0001 has no bid but can move 50M in volume.

I dont know about you, but i could have sworn we had a 3M day and we kept the bid.

Once the pps is at .0001 there is no more money to be made by selling. They can cover all the shares they sold at higher prices and make a fortune. The law of diminishing returns hits the 'infinity' wall after the stock gets this low.

This is true, this is a smart fact. But you are missing the fact where we are using the evidence here (Failure To Deliver Charts through the roof, Over 7B shares traded already from 08 to now meanwhile the A/S is only 5B, Most shares traded at .0001). To concluded with an educated hypotenuse that there is a large Naked Short Shares Problem in this stock.

OF COURSE IF THE MARKET MAKERS STOPPED SELLING THEIR AIR SHARES AT THE MAXED OUT O/S THEY THEY CAN BE PROFITABLE. BUT WHAT HAPPENED HERE IS THE MARKET MAKERS SOLD MORE SHARES THEN THEY OWNED, HENCE THE NAKED SHORT SELLING WE SEE EVIDENT IN THE FAILURE TO DELIVER CHARTS. NOW OF COURSE IT WILL BE PROFITABLE FOR A MARKET MAKER TO COVER A SHORT POSITION WHEN THERE ARE 800M SHARES TO COVER, BUT WHAT DO YOU THINK THEY WANT TO COVER 2+ BILLION NAKED SHORT SHARES?

Of course they do not want to cover.

And also, BTW, alot of people might not know but when the Market Makers force a growing company into the celler (the act of manipulating a stock into the basement 0001 levels to bankrupt them. Since most up coming companies use stock to raise capital, the company is forced to go into bankruptcy). This BK by the company leaves the "short" position open. This open positions, by in law is open, and the Market Maker Never PAYS TAXES. ( Here is a link to Bloomber NSS Video = http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIrfhgQPAJ1s.asf )