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ihogan

03/16/11 11:47 AM

#2931 RE: ihogan #2930

A couple large buys at the ask right now too, we shouldn't have a problem bouncing back to .13-.14 today
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Jackroch

03/16/11 11:58 AM

#2932 RE: ihogan #2930

I do hope we are right. And I am hoping all are doing their own due diligence on this. a) it helps when others are digging around and bringing stuff to the board. b) it's best to buy stocks based on one's one due diligence and not a message board.

I have a reminder for everyone too.

When there is short selling on a stock that goes down more than 10% in shareprice in a single day, there are special reporting requirements now and a 13 day mandatory cover or it is a failure to deliver. At least this is my understanding based on the SEC rules. Maybe someone else smarter than I can expand upon this.
However, what I believe this means is that if CPOW is down more than 10% today and there are large amounts of shorts, 13 days from now if this stock is trading higher, you are going to see a short squeeze if those shorts are not already covered by then.

Good luck to CPOW investors.