posted
Float: number of shares availble for public trading Shares Outstanding: total number of shares issued on behalf of the co Market Cap: outstanding shares x current share price
Shorts have covered naked positions, with a solid PR mms will let this fly
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
I am little naive so forgive...Short? Naked positions? also heard of naked shorts?? What does this refer too? TIA
Posts: 17 | From: Dekalb IL | Registered: Feb 2006
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posted
Its your decision. I have 6250,000 shares[125,000 freebies]and paid .0005 so I would like this to get back to .0005 - .0006 range. There is one more spin off the company will do before they transition to a new industry, at least thats my understanding of the pr's.
Posts: 167 | Registered: Dec 2005
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posted
Almost 2 billion shares traded today. Is this the biggest volume day ever?? What's the news? People covering their shorts, perhaps.
Posts: 344 | From: Berkeley, CA | Registered: Sep 2005
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posted
Don't know and don't care as long it's a moving and making us money thats all that matters, hopefully it gaps and runs some in the morning, $$$$, lets face it thats what it's all about!!
Posts: 116 | From: Davison MI | Registered: Oct 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
Great West Gold, Inc. - Squeeze Trigger Report Tuesday February 21, 8:32 am ET SqueezeTrigger Price is $0.0006. Approximately 1.59 billion Shares Shorted Since January 2005 According To ********** Research Report
NEW YORK, N.Y.--(BUSINESS WIRE)--Feb. 21, 2006--Great West Gold, Inc. (OTCBB:GWGO - News) announced on February 16, that www.**********, is initiating coverage of Great West Gold, Inc. (OTCBB:GWGO - News) after releasing the latest short sale data through February 2006. From January 2005 to February 2006 approximately 20.59 billion total aggregate shares of GWGO have traded for a total dollar value of nearly $12.35 million. The total aggregate number of shares shorted in this time period is approximately 1.59 billion shares. The GWGO SqueezeTrigger price of $0.0006 is the volume weighted average short price of all short selling in GWGO. A short squeeze is expected to begin when shares of GWGO close above $0.0006. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://**********/squeezetrigger.pdf. Month Total Vol Short Vol Avg. Price Short $ Val.
January '05 457,150,848 35,200,615 $0.0010 $ 35,201 February 1,151,325,440 88,652,059 $0.0006 $ 53,191 March 3,783,453,184 291,325,895 $0.0006 $174,796 April 557,730,240 42,945,228 $0.0007 $ 30,062 May 252,437,552 19,437,692 $0.0005 $ 9,719 June 329,216,768 25,349,691 $0.0007 $ 17,745 July 2,567,534,336 197,700,144 $0.0007 $138,390 August 958,548,032 73,808,198 $0.0005 $ 36,904 September 1,138,967,040 87,700,462 $0.0006 $ 52,620 October 820,497,536 63,178,310 $0.0008 $ 50,543 November 1,398,224,256 107,663,268 $0.0007 $ 75,364 December 1,779,495,296 137,021,138 $0.0005 $ 68,511 January '06 1,643,148,288 126,522,418 $0.0005 $ 63,261 February 3,752,025,344 288,905,951 $0.0005 $144,453
short volume is approximated using a proprietary algorithm. **average short price is calculated using a volume weighted average short price.
***short volume is the total short trade volume and does not account for covers.
GWGO on OTCBB Naked Short Threshold List
On List Off List # Days
February 25, 2005 March 4, 2005 6 February 15, 2006 February 16, 2006 2
Great West Gold, Inc. has been on the OTCBB Naked Short Threshold list 2 times. Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. SEC Regulation SHO, under the Securities Exchange Act of 1934, mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
Posts: 655 | From: Louisville,Ky | Registered: Dec 2005
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posted
its starting, two on the .0007 bid, both moved to above .0010 on the ask
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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NEW YORK, N.Y.--(BUSINESS WIRE)--March 1, 2006-- Great West Gold, Inc. (OTCBB:GWGO) announced an February 16, 2006 that it will be making a series of acquisitions. The Company placed another tranche of its restricted shares for cash in and during this week in the amount of US$1,000,000 to assist in the funding of these acquisitions. No Registration Statement will be filed for these share issued for cash. The first three acquisitions have now been agreed and are being finalised and all of the pertinent details will be announced to the market on Friday March 3, 2006. These acquisitions are of enormous value to the Company and will dramatically increase the Net Asset Value per share. Due to the size of these acquisitions, they are to be funded through a small issue of restricted shares (and no Registration Statement will be filed for these share issued), the issue of a Convertible Loan Note and a guarantee in the amount of US$10,000,000 issued for and on behalf of the Company by St James Capital Holdings, Inc. Certain other unrelated parties have undertaken to issue guarantees and to participate in a further placing of shares for cash to fund these acquisitions on Friday March 3, 2006 (no Registration Statements will be filed for these shares issued and these shares will remain as restricted under Regulation 144). These transactions are being structured in such a manner so as to avoid dilution of shareholder value. Shareholders will be advised as to the full details of these acquisitions on Friday March 3, 2006 a Form 8-K will be filed in and during next week. The Company confirms that it is not planning a "Reverse Split" of its Common Stock. The Company web site is being updated at this time to accurately reflect the position of the Company and its restructuring. The Company apologises to its shareholders for this delay. St James Capital Holdings, Inc. which holds a Loan Note in the amount from the Company in the amount of US$1,750,000 has confirmed that it does not intend to convert this Loan Note into restricted Common Stock at this time and when it does so decide to convert this Loan Note into restricted shares of the Company's Common Stock, it will not request and the Company will not file a Registration Statement for these restricted shares of the Company's Stock issued in settlement thereof. St James Capital Holdings, Inc. has provided an additional guarantee to the Company in the amount of US$10,000,000 to assist in the funding of these acquisitions. Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: MERGER/ACQUISITION SOURCE: Great West Gold, Inc.
CONTACT INFORMATION: Great West Gold, Inc. Tel: +44 845 127 4051 investor*greatwestgold.com
Posts: 1632 | From: NJ | Registered: Nov 2005
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posted
beat me too it jelly, was just about to post that
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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NEW YORK--(BUSINESS WIRE)--March 1, 2006-- Great West Gold, Inc. (OTCBB:GWGO) has been inundated with enquiries as to yesterday's share price rise of 133% with in excess of the 3.1 billion of the Company's shares being traded. The Company assumes that a lot of Naked Short Sellers are covering their positions and the Company is of the opinion that the Company's share price remains enormously undervalued. The acquisitions being announced on Friday March 3, 2006 are likely to force a lot more Naked Short Sellers to cover their positions and the Company remains positive that the share price will recover to more realistic levels very shortly. The Company wishes to point out that no Registration Statements have ever been filed by this Company to create "free trading" Stock from restricted shares issued for cash or to settle various acquisitions whatsoever. Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties beyond the company's control, including but not limited to economic, competitive and other factors affecting the Company's operations, management team effectiveness, expansion strategies, available financing, market prices and recovery costs, government regulations involving the Company, facts and events not known at the time of this release, and other factors discussed in the Company's filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements.
KEYWORD: NORTH AMERICA NEW YORK UNITED STATES INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS PRODUCT/SERVICE SOURCE: Great West Gold, Inc.
CONTACT INFORMATION: Great West Gold, Inc. +44 845 127 4051 investor*greatwestgold.com
Posts: 1632 | From: NJ | Registered: Nov 2005
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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posted
Man I have no available cash, I'm gonna miss out on another one! errrr
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
the second PR is MUCH better than the first, gives a solid date and actually gives some numbers, a $10+ million dollar deal? The current market cap is only $10.53 mill, if its true this thing is going to EXPLODE
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot. Posts: 5320 | From: Syracuse, NY | Registered: Apr 2005
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