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slapierre

09/13/10 4:51 PM

#786 RE: slapierre #785

The 25s aren't retail, it's NITE keeping it there so her can cover shorts on the spread.

So with low volume20-60k this thing is staying there.

Threeflight

09/13/10 6:03 PM

#788 RE: slapierre #785

I really don't think they are shorting a 25 cent stock that trades with little volume and that not only has a super small float, but also is vastly undervalued. Those short figures are skewed due to some changes the SEC made a few months ago in accounting methods. All penny stocks showed a huge increase in short volume after the changes, even though no more shorting was really occurring.