Replies to post #24670 on EFuel EFN Corp (EFLN)

[ScubaDiver]

You are on the money. The shorts are in so deep they can not and will not let go. If the company makes the right moves the squeeze will happen and EFLN can reach unbelievable numbers. My best estimate over a billion naked short and I think this is a conservative number.

[Oz the OK]

It doesn't make any sense for the company to be diluting at .0004 to .0008 or higher.

LOL...they could care less what the price is when it comes to dilution. They are only interested in selling shares, not increasing share price. Nobody in management probably owns much stock, at least the common; Huffman already admitted he doesn't own a single share. They are merely paying bills (including their own salaries) with shares. If they have to print more shares, they will. If they run out of shares, they'll increase the A/S. If the price drops to no-bid, they'll do a R/S.

It's basically free money as long as there are speculators willing to buy up shares, and there will always be plenty of speculators, especially the noobs who wander in once or twice a year. They destroyed one group of shareholders last year, did a R/S after all their BS PR's and hype (remember the Howard Stern fluffer?) proved worthless, and now are on the verge of doing it again after the iPhone app (NOT EVEN OWNED by EFLN) and "Big Governemnt Contracts" of this spring turned out to be just smoke and mirrors.

They have NO REVENUE. Why do you think the stock price has dropped 83.3% in the past month? The MARKET (majority of traders) has figured this out.

[phunnibone]

If insiders are buying in then that seems to be another reason to hold. JMO.