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Author Topic: WGLT nearing short squeez,,, .0001
beechwood
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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)

Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
TopRob
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How can it be a short squeeze when it's been at rock bottom (.0001) for over 2 weeks?
Posts: 1269 | From: Dallas, Tx | Registered: Mar 2007  |  IP: Logged | Report this post to a Moderator
beechwood
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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.

Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
beechwood
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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.

Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
PCola77
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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.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
PCola77
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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,

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beechwood
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Good article FYOI:

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

Posts: 669 | From: Gouldsboro, Pa. | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
PCola77
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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]

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swan97
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Showing some life, any opinions?
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