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zalicuslicious

01/30/14 11:04 AM

#3966 RE: Blackcat7717 #3965

Cat....the problem is that we need some BUYING!
This would be a great entry point for mgmt to help the cause and show some confidence to the public!
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TJG

01/30/14 11:26 AM

#3970 RE: Blackcat7717 #3965

Woa I never said .02 not sure where that came from... I simply put the latest version of the Failed to Deliver up... this has been shorted since it hit .01

I am not sure where you get the .005 maybe the 23rd of Dec when there was 20+ million shares traded and it went from .008 and closed at .0045 But again that was IMO not a short but rather the Tax selling and the conversion that took place. Remember we had 70 million shares added to the OS at that time, so I dont think the MM were shorting as those shares were absorbed into the market.

Their average is as you say around .0125 but thats also been the cover area for the past several days as well. Once covered then it will move again... but as I have said, and its just my opinion, the market allowed them to cover this short by the way this has traded for the past 10 days... And as stated, it wont matter as its going to go way past .02-03 in the next week and forward from there.