Marloboro

regardless of what the shorts were, the obvious is that whenever an offering price is lower than the current SP( which of course was driven up to begin with by rumor) you're gonna see a huge short position taken. I still think that had this offering not taken place we'd already be testing the low 60's again and in fact I still do. IMO there's gonna be one last push down to the .62 resistance levels if for no other reason than sh*ts and giggles. There's 200 million new shares out there so I'd argue that we're heading back down to the .62- $1.05 price channel that was going on prior to the offering. Which of course is fine and dandy cause you've got a better chance of a quick double from .62 - $1.24 than you would .90 $1.80.