Replies to post #2389 on TheDirectory.com Inc (SEEK)

[dwire2853]

Not exactly what I was hoping for,however tells me its not new shares..MM's see buying pressure and drag it back down. MUTTERFAHKERS need a dose of serious buying to turn the tables and I cant see that without an enormous PR.

[RockSexton]

Since the day this thing started capitulating, here is the official short share count:

7/1 - 13.2 million
7/2 - 29.9 million
7/6 - 46.1 million
7/7 - 182 million
7/8 - 51.2 million
7/9 - 55.1 million
7/12 -18.9 million
7/13 - 60.2 million
7/14 - 8.8 million
7/14 - 24 million

TOTAL: 489.4 million shares

The float is 471 million.

[The Godfather]

The reg sho list that provides the short data is not entirely accurate. There are many reasons why the shares shown as short there are exaggerated numbers than the actual short shares. But that doesn't mean there aren't many shares short with this one. Someone wanted to dump big and the MMs helped by shorting it more. Now, when the rest of the float gets accumulated as it will be indicated by the low volume that this will have, there will be a day when the covering would almost end and they would let it run. Seeing the deep pinch that this is forming, we should easily see .002s in a couple of days after the pinch hits.. It might be a few more days for the pinch but with the MMs, you never know.