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Microcap & Penny Stocks : Naked Shorting-Hedge Fund & Market Maker manipulation?
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To: rrufff who wrote (3899)10/7/2008 5:27:30 PM
From: The Ox2 Recommendations  Read Replies (1) of 5034
 
I understand that the solars are targets, due to their valuations but I hadn't run across a stock that had that much of their float shorted, at least not a "real" company like EMKR.

So, 50% of the float being shorted is not uncommon these days?

Just curious, as I was looking at their statistics. I know that they had been a short target, I guess I just didn't realize (or remember) the extent of the position. I knew that 25+Million were shorted in July and it's grown to 34+Million in Sept. (out of a total float of 60 Million and shares outstanding at 77 Million).

So, the shorts can locate that many shares held by longs who are willing to give up their stock to the shorts?

Hard to believe!

TIA

TO
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