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my evil twin

09/27/10 12:11 PM

#36671 RE: NeverEnuf81 #36651

you do what you do and do it well.
You aren't the first, won't be the last person to be ostracized by a one-way message board crowd. You went your own way, made money, maybe you're done with CLYW for now, pretty much the standard experience of a short seller where you don't make many friends online!
I figure you, as a trader seeking short selling opportunities, have better scanning tools than I presently use, (got a bloomberg terminal?). Seems from your comment about tstr that you cover a lot of telecom/tech stocks in your efforts. Momentum trading is a much faster game than those holding CLYW for many years.

I know what you mean about CLYW lacking liquidity for much other than this moon shot, usually not liquid like it was this past week. Now that a retracement's in, stock will have time to rebuild at some base level, but there's always market risk....exogenous event risk......company specific risk about supposed imminent events, etc.

Thanks for explaining how you reserved shares, but I'm still curious about how you did that - on the phone? Online? At otcmarkets.com? Thru a full service broker? Online broker?
I'm not a short seller, just curious about the mechanism.
Again, congrats on your score.

ooag_long

09/27/10 12:18 PM

#36677 RE: NeverEnuf81 #36651

There's a reserved set of sells that went through at 9:42am. Mine was in there



imho, its better to understand than to get wizzed, kudo's to evil for keeping his cool,

for NeverEnuf: so what you are saying is that at 9:42 shares were available (and of cource the instant they became available then those that got them put them "to work asap", so you actually borrowed those shares, you did not
naked short them, how much did it cost to borrow the shares?

imho: one must consider drago's been hoping to "rent" his shares, ppl who "own' large blocks do get such opportunities, if this is true, they up to 20,000,000 shares may be available to "rent"

if all this is true the model I see is simple:

brokerages w/ mm naked short abilities impulse their naked short attack w/ a second tier of shorts that come in w/ legal short positions baised on shares, drago's etc. Naked shorters create a market for NeverEnough to bring the market down even further.

so that is how it works, all in a days work, we ought not to be blaiming neverEnough, it the one's that naked shorted on the open and arranged for neverEnough to get his shares that we should be pissed at

ty