It means that if this were a planned group play, then those running the play bought a bunch of shares earlier so they can sell them as the price goes up during the play.
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Actually, if this was a group play it would have fallen prior to that date. I suspect maybe it was Cornell Capital covering their previous short position that started at .08
If they are out now, this could run again. Someone bought quite a bit today.
Does anyone know what is going on with this stock and why these buys have been coming in on no news? I had heard the CEO was going to look at new financing options 6 months ago to offset the naked shorting that Cornell Capital did, but now it looks like Cornell has already covered their short positions and actually WANT him to post a PR because they have such a huge stake. It's gotta be frustrating for him when a hedge fund previously shorted him like that.
Here's a 6-month chart:
-------------------- As a forum poster, it is ironic that you are held to a higher standard than a Pink Sheet CEO.
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