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tom8oes

01/29/11 5:35 PM

#55488 RE: nysouthern78 #55486

If anything is shorted offshore, as would most likely be the case if in fact this has been shorted, they would never show up wherever it is you are looking. And they would be naked as a Jaybird anyhow.
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Engineerbl

01/29/11 6:16 PM

#55493 RE: nysouthern78 #55486

That is true... on Jan 14th.

There are only 50,900 shares short. Not exactly enough to make an impact. Lets get some news!!!



You are right. On Jan 14th that's how many there were short. And on Dec 31st, and Dec 15th, at the end of the trading day there were few shares short (basically none).

But take a look at the chart right at those reporting dates.

Dec 13th we close at 0.025, but then on the 14th and 15th we see huge volume and run up to 0.04.

Then we get pushed back down into the 3's until Dec 30th and 31st when we run up again on big volume.

Then we get pushed back down some going into the next reporting date of the 14th where we again see a rise on that day. And immediately after that reporting date we get shoved down hard again. Only to see right before the next coming report date (Jan 31) we see our biggest volume in a long time and a rise in price.

Coincidence that we seem to get shoved down in price immediately after those reporting dates, then suddenly run up on the two days before the short report date? Maybe. Maybe not.

I still think the company will go up on it's own, and if there are any shorts that will only be icing on the price. Not the major reason.