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TigerTrader83

09/01/09 8:28 PM

#182123 RE: spongeme #182117

I dont think it is shorty, 99% of shorts are in the red right now. If it was the shorts they would let the price fall before they started trying to cover...



"99% of all shares shorted in SPNG are now out-of-the-money."
http://finance.yahoo.com/news/SpongeTech-Delivery-Systems-bw-2368742252.html?x=0