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Farmboynate

07/16/09 11:28 AM

#27329 RE: RDG013 #27328

I still think its funny that everyone is blaming the sp drop on dilution and the company selling

copper king is still on the sho list

my guess is what I said is true

the company has been selling shares in the past
the short sellers sell in to the bid pushing the price down and when the company has to sell the price is already lower


so they cover at a even lower price then do it all over again pushing the sp down each time
trying to make it go lower and lower before they cover

I really do think that there is a large short position here and the company most likely is close if not done selling shares the a/s has not been increased either