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Jackroch

01/07/11 10:37 PM

#123667 RE: brooklynborn #123664

It's been a long day and I am kind of burned out so excuse me if this question comes across as dumb. It might be.

There are only so many shares of this company.

If the longs (like me) bought up even more shares during the dip (my position is 3x what it was), and other longs refused to panic when the PPS dropped and just HELD (as many did) -- then are there actually a lot of shares out there for flippers to play with? How much shorting can actually be done if the longs HOLD and refuse to give up their shares?

Honestly this is a real question so take it easy on me if there is an obvious answer that I am not arriving at. It really has been a long day today and an answer, whether I like that answer or not, would help me go to sleep without this confusion I now find myself in.






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winstocks

01/07/11 10:58 PM

#123671 RE: brooklynborn #123664

bb is making prediction again, looks like we gonna be very green next week, lol
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ZNSTATED

01/07/11 11:24 PM

#123677 RE: brooklynborn #123664

Approximately $320,000 changed hands from when the PR went off, that's more than just our usual flipper crowd...lol

The price went from .033 and stagnet to ballastic touching .055 then settleing at .0495, sometimes there were prints going off above the ask, sometimes there were large sells printing with the MM's moving the bid even higher even though a 100k shares just hit a lower number

Today's action was very uncharacteristic for Katx, usually a pr gives us a pop then a quick plunge and usually closing red, but today it was almost like a panic set in to get shares and there were some heavy hitters buying millions of shares in a very short time

Today was a breath of fresh KATX

Z