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Er0ck

03/22/11 8:31 AM

#11183 RE: Joe1979 #11181

Theres no naked shorting going on here. If a stock has MMs that are heavly naked short on it, you get a high number of FTDs (failed to delivered), our count for months has been zero.... There are no signs of any one being naked here what so ever.

Again, we are very undervalued, if you just take a look at the value of the invenetory and buildings then this is worth at least .01 right now, and thats not even factoring in sales.

People love to scream "shorting" or "naked short selling" for penny stocks when they are lower than they expect, or when they don't go up as expected. In reality, there is very little shorting of any kind going on with stocks at these levels. MMs don't typically short stocks this low, for obvious reasons, and there has been no signs of that going on here. This stock moves when it has a reason to, and it pulls back when it has a reason to. Simple as that, normal trading, nothing more. You would be hard pressed to find any MM that would short a stock in the tripple zeros, when any PR could shoot it way up. Way to easy for them to get burned, they might be evil, but there not stupid....
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Snook

03/22/11 9:03 AM

#11189 RE: Joe1979 #11181

That is a poor example. IMO, EIGH and Monk were dumping massive quantities of shares (hello... SEC investigation), which can appear to the novice as high shorting.