Allstocks.com's Bulletin Board: WGLT nearing short squeez,,, .0001

This is topic WGLT nearing short squeez,,, .0001 in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.

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Posted by beechwood on :

On the naked short list for two weeks now
(longest allowed by SEC regs).
Naked shorts will hafta cover their a$$
pronto on any outstanding shares or
risk fines, deliscensure, etc.
Go to www.buyi_s.net for listing
(replace the _ with an "n" for
all you newbies that don't know
how to post websites)

Posted by TopRob on :

How can it be a short squeeze when it's been at rock bottom (.0001) for over 2 weeks?

Posted by beechwood on :

MM's can short in the quadruple zeros
(you & I cannot).
Possible acumulation going on.
Just a hunch cause it's on the BUYINS list
for two weeks w/o any change.
If so they will need to run this up
before 15 days on the list.
That flips early this week so I'm
keeping this on my radar.
ACRI, FCPG, GBMR, ABSY, and AFML
are on the same boat and worth
watching as well.

Posted by PCola77 on :

buy ins is a bullsh*t site. If it's on the actual Reg SHO list, that's one thing, but I would take anything from buy ins with a grain of salt. Even if it's on the Reg SHO list, a share buyback may not even move the prce one tick depending on the amount of shares out there, and potential company dilution.

Posted by PCola77 on :

By the way, what do you mean that 2 weeks is the longest the SEC allows?

http://buy ins.net/tools/short_list.php?dys=>15

This even shows over 100 comapnies that have been on the list for more than 15 days,

Posted by beechwood on :

Good article FYOI:

http://www.buyins.n_t/articles/nypost.pdf

Posted by PCola77 on :

Interesting article. Wonder how so many companies seem to remain on the list for so long. Maybe "rotating shorts", like Short A has to cover, but does so when Short B sells to them, thus everyone is covering like they "have to", while the short interest doesn't change.

Personally, I'd be SHOCKED if there was a loophole that allows the "bad guys" to get around the spirit of the law [Wink]

Posted by swan97 on :

Showing some life, any opinions?