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Message: Re: Down
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May 04, 2011 04:51PM

Our news may have also come out at an opportune time for a bit of shorting. The past trend has been to cover around the 10 and the 24 of each month depending what days these dates fell on. Then we would be sorted for a rough period of 5 days of trying to knock the price down around the first, middle and the last of the month. Our nr came on the first of the month.

The new short report is not out yet, but I suspect its little or none for the period ending April 30. By the look of the last few days, I would imagine they have 50-100k shorted again by now. If its the shorts in general that has a control on us, then it was a shame we couldn,t have got some big new longs to buy the stock on the EIS, preventing them from pushing us this low.

The total market , as everyone knows is in sell off mode, when this turns again, hopefully there will be big new cash that sees us, and gives us that little momentum we need to push us past the all time high. If we can stay above the all time high, the shorts would have to wait for a good rise above that to try their games again.

Even though our sp is lagging, I have to say I am comfortable where we are at, we did the DD and know its only a matter of time, as you all have said already. The approved EIS, lets me sleep at nights now.

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