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Technology Stocks : Energy Conversion Devices

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To: Allen Bucholski who wrote (8205)	8/16/2006 7:08:21 PM
From: Krowbar	Read Replies (1) of 8393

Allen, What is really interesting is that there are 6 million shares short. There are a total of 39 million shares. Subtract the 27.5 million owned by institutions = 11.5 million minus the 6 million short = 5.5 million in the float. That is less than the shorts. Something doesn't smell right about the recent drop, and I suspect naked shorting and manipulation. Whatever, in the event of a big spike up because of good news, if it ever comes, just where are the shorts going to get the shares from to buy? This thing has the potential to explode to the upside. How realistic is it to believe that the institutions who paid $49 a share 4 months ago didn't do their due diligence? And the underwriter snapped up the overallotment too. They won't pry my shares loose for less than 100. Del

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