Replies to post #1779 on Nevada Gold Corp. (fka NVGC)

[1manband]

There is no significant short position in NVGC.

http://www.otcbb.com/asp/OTCE_Short_Interest.asp

At the time of the suspension it was 409,062 shares. It is likely the reason for the unusual strength in the stock price post-suspension is the short investors covering their position. Once they are done covering that relatively small short position, the stock price will likely fall. There are not many legitimate investors willing to purchase shares in an already suspended grey market stock that is under active SEC investigation.

And the idea that shorters can somehow convince the SEC to suspend a stock is absolutely ridiculous. Just like the claims there are millions and millions of shorts in a stock.

[pitts77h]

Any update on those Dastardly Shorts?

the shorters probably sent many negative message to the SEC to try and cause NVGC to have a black eye they are millions of shares short