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albus

01/03/11 9:19 AM

#2873 RE: paulmed #2872

I agree - imo, if longs holding big blocks want to maximize the hurt to shorts and maximize profits, they should resist the temptation to sell on the first big run and dont get shaken with a few dips. lots of games will have to be played if shorts hope to cover -- we can beat them if we are smart because we have the shares they NEED.

gl
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jimbob4stocks

01/03/11 9:22 AM

#2875 RE: paulmed #2872

Remember how thin it was on Friday, and after the little shakes in the morning, everyone held strong and we hit the 52-week high of .70!!! NOW, we are sitting in the same boat. Shares are even now MORE scarce and shorts are starting to cover while we grab more cheapies. Continue with the buying at the ask and we will be in dollarland in no time imo.

I see right now on L2 as of 9:20 a.m.:

1 x .68
1 x .70
1 x .80

That is no coincidence; its a few thousand shares each. We have been setting new highs each time, let's keep it going. Don't give the MM's cheap shares to cover at the bid; sell them at the ask if you feel obligated to take a little off the top. I'm holding strong as in day 1 and know we have more to go.