Monte. I was going to PM you but the board should know.
My broker called me 10 minutes ago to ask me if would be selling my position today. I said no.
We are friends and I laughed and said I felt like royalty and if he wanted to wash my feet I would be appreciative (they never execute my sells well at all).
After trying another minute to give em shit, he said no, serioiusly; do you want to sell your position.
Now, to all:
This particular position is anything I have accumulated in the past 6o days.... no more than 55 thousand shares. what does that tell you. My average is .137. tells me they have not one of em, and want to cover my original trades.
But to think they would call me if really nuts. they must have had a new clerk or something, i mean they must be stupid.
For all those long shares a year or two old in street name, I bet you that if you went to sell those shares, your broker or some party would have to cover that which they sold when all thought LONE had a funeral.
For all those recently aquired, i have to figure the MMs thought we were brainless to aquire a burial site witha freeshly laid casket in it. they too will have to cover.
This stock has to be extremely lopsided. Until some serious traders suck onto this, we face no chance of a short sqeeze at these average volumes. The MMs should pray thatb this stockn never aquires the fast and flurious traders that can infect a stock and beat it to death. But one thing is for sure, the blast on the ask side would be fun to watch, but the vaccum on the out side would be undesired.
But hey, every stock needs a kick in the ass. But I think we all have a very sore toe.
good luck and fat |