News Focus
News Focus
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Vordain

10/28/10 1:54 AM

#5978 RE: NFLFan #5977

Actually, I expect there will be no trading in our company tomorrow. It takes about a day usually for the logistics of a symbol change to be implemented. There might be some trades near the closing of the markets, but I wouldn't bet on it. Computers are fast, but the people behind them are still slow. This is probably good for us longs, but REALLY bad for shorties. If Spencer has a bomb to drop, Friday morning at about 10:30 AM would make him look like a corporate four star general.
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Chae

10/28/10 4:32 AM

#5980 RE: NFLFan #5977

Look at UTRM when they did a symbol change back on April 1st. They were claiming massive shorting as well and look at where the went from .15

Looks lie they had a five or six day run where news was Released as well.
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shankapotamus

10/28/10 10:42 AM

#5993 RE: NFLFan #5977

IF there is an pop, it will be suckers buying the ANTICIPATION of a squeeze. Look at the bimonthly short report, not at what the company is proposing. FINRA has the final word no matter what the company twists their numbers into.