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Degreed

03/02/10 11:16 AM

#4899 RE: king oil #4896

That's my point nothing has changed this is the same ole 70M from the previous 6 filings. Now it's just a wait and see if any have been exercised this isn't new just a update like all of the previous ones.

Regardless I own 20% less today than I owned last Friday. If nothing happens by June 1st I'll own 30% less than I do now!!

Deliver people!!
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bhtaylor29

03/02/10 11:28 AM

#4902 RE: king oil #4896

Cover what? The 380,000 short shares? Why would covering that move the prive up at all? If thats what you are referring to..if not sorry for the post. Hell, 12million shares were traded in one day and it barely moved the price up 10%. However, I do like the fact that (even tho small) the short position has basically dissappeared. Someone, somewhere, did not want to be short on this company whatsoever, which usually means good things coming. Im finding more and more, that investors who short tend to know or understand whats going on with a company more so than the people who are long..ironically.
And I still am amazed that this company is still languishing under a dollar. As I stated, I will start selling off my shares when this hits 20 dollars..whether that be this year or several years down the road. In for the long haul.