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mimurray

08/16/10 2:57 PM

#25594 RE: grace-7 #25592

I seriously doubt that there is much, if any shorting going on. The down side risk far outweighs the upside potential.

The float is simply too tight to risk opening a short position. Any drop in price which would allow a shorter to cover is met with equal, or greater than, buying pressure which would push it right back up.

I think it's pretty clear with these small little 10K and 5K trades that we keep seeing that the stock is being pushed around by the MM's. I really doubt that any of those little prints are real trades. I think it's just MM paint trying to fool people in to thinking someone is selling.
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tbrays

08/16/10 3:29 PM

#25597 RE: grace-7 #25592

i havent been posting long, but like you i have owned this stock for a long long time, by averaging down i now have an average in the green. not much, but at least in the green. many people on this board say just sell and move on, i have not been able to do that.i am not in love with this stock and still think it has alot of potential!!! i think it has developed a long term track record making it very easy to short for people that have alot of money.just saying if you have been here since february how many times have you seen it go from .002,back to .0015 i dont know how it all works but there have been posts here on ihub,showing that it is very heavily shorted.can you believe what you read on this board.who knows?everybody seems to have their own agenda.hoping for better days.soon, very soooooon!!!!