SideNote: Silverado gold has an oppurtunity to put the mother of all squeezes on those who are short selling Silverado stock. if you join me by taking position of 2/3 of your shares in a stock certificate, leaving the remainder to sell to make your initial inestment back or having your shares registered to your name at your broker will help put the real HURTS on these shorts. THE GRIM REAPER

September 23, 2008

Textbook Short Squeeze

Oil Posts Biggest Gain as Traders Caught in End-Month Squeeze

“Crude oil climbed more than $25 a barrel, the biggest gain ever, as traders scrambled to unwind positions on the October contract’s last day of trading.”

This is one short squeeze not (directly) instigated by the Feds. That’s a 30-min. chart below: impressive, no? There are a lot of bald guys on the NYMEX floor… some of them just got a little balder.