posted
this shouldn't go below 4 and it should at least hit 8 again, and i'm guessing fairly soon...
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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quote:Originally posted by Swampman: Not real sure how much of a pop the MMs will allow with this being on the SHO list, but I do see green ahead, still holding.
swamp nailed the issue, i didn't realize it went back on, haven't checked it yet today just got home, didn't like my price check though.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
Well i guess its a waiting game then to watch this baby pop again... no point in selling now..its not rapidly falling anyway for a stock put on the sho list
-------------------- Dead Kennedys-"Give me convenience or give me death" Posts: 470 | From: Vancouver B.C | Registered: Jan 2005
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posted
Anyone have an idea of whats going on here?Over on I Hub board Investo7 says that they got some financing from Cornel Capital,and that there notorious for shorting a stock,and thats what's going on here.Once it's of the sho list hopefully they'll have to cover.Anyone else know anything, is Keithsan still in this one.
Posts: 26 | From: Boston MA. | Registered: Mar 2005
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posted
i'm still holding, havent checked the sho list yet, IMO it will pop when it comes off.
Posts: 9110 | From: boston, ma | Registered: Jan 2004
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posted
aYes still on the SHO list and probaly will be for a few weeks anyway. Most seem to be once they get there. <http://,,,,,www.nasdaqtrader.com/aspx/regsho.aspx>
-------------------- Bring me a shrubbery Posts: 69 | From: Maine | Registered: Jun 2004
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quote:Originally posted by zoltan: im really doubting a few weeks..
I of course hope you are right. I based that statement on the fact that it seemed to me from checking the SHO list daily, that once a stock appears there, there dosn't seem to be any hurry to cover and it remains shorted for 14-18 days.
-------------------- Bring me a shrubbery Posts: 69 | From: Maine | Registered: Jun 2004
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posted
Dateline is going to air a story on "Stockgate" on April 10th. I'm sure most of you know this already, but stocks on the SHO list may be mentioned in the segment, which would have a HUGE impact on their PPS in the coming weeks. I wouldn't be surprised if we end up seeing some tenfold increases in some of these stocks.
For a good example of what can happen, look at the two-month daily for GLKCE, which was mentioned at a March 9th hearing on naked short selling. On the 10th there was some activity and on the 11th the stock just ballooned. Even more recently, there is speculation that the stock will be mentioned on the Dateline story about Stockgate, which could send the PPS even higher as MMs refuse to short it.
posted
GLKCE had virtually no volume these last few days. It's moving like that because no one wants to play MM on the stock. Just my opinion though.
Stocks like MLXO they probably have no intention of laying off of either, but you start bringing in government officials and the media and finger Naked Short Sellers as Anti-American for shorting the US small businesses and you got a whole lot of interesting things that could happen.
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO. Posts: 676 | Registered: Apr 2005
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posted
I sure like the idea of a 10 fold increase in PPS....Any thing is possible at this point...I just don't have a clue what MLXO might do....Could travel down to the high 2's..If it does, I will be buying.
Posts: 10729 | From: oregon | Registered: Feb 2005
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That was just for you thorn hahah
