Re: Well Well Check this out, SHORT history!!!! 3-31-08 - Milsy
posted on
Apr 03, 2008 09:09PM
Must be that they sold shares they already held to themselves and with the expectation, at least since they lost the 10 day of $6.00 plus clause on the Warrants. If that was the case and they threw in the towel by the end of trading on the 10th of March, the day before the 10th day of the Warrants clause kicked in, as the attempts were getting feeble by then, that would mean they used only 14 trading days to Cover the 1 044 800 Shorts. If this is the case the average Short Cover buys per day over the 14 days would be ~75 000 shares.
And once again, I feel there have been a few times that we have had a big influence on daily trading, like on the 7th, 10th and 11th in increasing effect, but overall the bigger boys/Pro's seem to be very able to do as they desire so long as they are not fighting one another. Thus, is is good for us to have one or more of them as a common cause ally.
With all this, it is still worth while wondering where the SP will go between mow and April 10 and especially so if more news is not in the mix inbetween.
Old Joe
PS: Makes one wonder why so many of the often daily frequent posters are NOT.