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leifsmith

07/31/13 1:40 PM

#12863 RE: AnAmateurInvestor #12862

I think there is a search for shares to be used by people trying to hold down the price. The short interest keeps growing and the price refuses to fall. The new shares may be needed to attempt to counter the effect of good news.

However, there are kinds of good news that could happen that will finally totally defeat the shorts, probably leading to a growing panic to cover a hopeless losing position.
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mugs57

07/31/13 1:47 PM

#12864 RE: AnAmateurInvestor #12862

did not know you could get 15%. no wonder funds lend their shares to shorts as they patiently wait for the company to do something! still think its sort of sick since the lender knows that the short wants to ultimately try to drive the price to zero!
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otcwary

07/31/13 2:04 PM

#12865 RE: AnAmateurInvestor #12862

I got the same call from Schwab about 10 days ago......the day before the short term drop from 2.05 to 1.69. In all fairness I've gotten the same call on other stocks and saw no reaction in the following days whatsoever.

15%! Pretty good! Best offer I ever received was 12%. They only offered 5% for STSI when Schwab contacted me recently.
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mugs57

07/31/13 3:24 PM

#12870 RE: AnAmateurInvestor #12862

when u agree to loan your shares is there a certain time period where you can't sell???
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north40000

07/31/13 3:31 PM

#12871 RE: AnAmateurInvestor #12862

2 SHs on PPHM board got a call from Fidelity yesterday with same question. Both declined the "kind" offer.
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uptick77777

07/31/13 3:42 PM

#12874 RE: AnAmateurInvestor #12862

Several possibilities but ----------

Could it be with all of the regulatory pressure on the SAC Capitals of the world, that the naked short players have been told by their brokers to either deliver STSI shares or cover their short positions BECAUSE THE BROKERS ARE NOT GOING TO LET THEM KEEP ROLLING THEIR NAKED SHORT POSITIONS?

Just a thought.