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uw86

02/05/09 6:18 PM

#30105 RE: mr kez #30103

this subject has been covered here ad nauseum; including this information which is not at all new to posters here
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Ripnrob

02/05/09 6:19 PM

#30106 RE: mr kez #30103

Good post...I have to admit I really don't buy into the short squeeze hype it is mostly used by pumpers to pimp sub-penny stocks. IMO
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griff100

02/05/09 6:56 PM

#30109 RE: mr kez #30103

Right and wrong....I can't short otc, as you said, but can short listed down to any price...problem is they want much more "insurance" (I forget the term) and so it usually will lock up too much of my acct unless it's just a quickie short on a hard tanker.
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sneaky_peaky

02/05/09 11:22 PM

#30127 RE: mr kez #30103

Actually, during the largest percentage increase this stock has had in it existence from 35 cents to 3.58, and specifically when it crossed a dollar on its way to $3.58, it landed immediately on the SEC's SHO list. That means, like most other stocks we see, that hedge funds and thieving market makers had to naked short the stock in an attempt to hold back and stunt the momentum any way they could. In the first instance, there was a hedge fund holding a large short position and they got squeezed. Funny how all this naked shorting began to happen. It has happened twice since, both as volume and price increases were seen, where it landed on the SHO list.

Everyone is encouraged as has been discussed, to protect their shares. We are working diligently on this end to get FINRA involved to put a stop to the market makers that are blocking the stock with 5000 share lots and right handing them into Westminster's account. Enough manipulation. They can buy them at $2.00 like everyone else.