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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (45218)	4/29/2000 9:52:00 AM
From: myturn	Read Replies (1) \| Respond to of 150070

EGGS, something else to add fuel to the fire which I believe will propel the price higher over the next couple of weeks. Check out the profile section on Yahoo. biz.yahoo.com There is an extremely large short position in EGGS. Last month the short position was over 8.4 million. The month of April there is only a short position of 7.6. Why is this significant? Just like when a stock is overbought; a stock can be oversold. EGGS is extremely oversold because of 3 factors. 1. Additional share dilution from recent funding. The company tells me the people who recently provided the addition 23 million in funding have not been selling stock at this level. They have been buying. 2. Market conditions. Individuals getting nervous and cutting their losses. 3. Shorts, which I believe has had the biggest impact on the stock's down fall from its 52 week high. Shorts are no different than longs. They begin to see their profits diminish and they will do what ever they need to do to lock in those profits. 7 million shorts in a stock that has had a 52 week high of $30.00, two year high of over $50.00 will begin to cover. We will see a run one day in the stock for no apparent reason. If the company comes out with any significant news; we could see EGGS run similar to the way EEEE ran yesterday. Don't miss this opportunity to make 25-50% return on your money over the next 2-4 weeks. Cheers RG