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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (101759)	12/6/2007 11:23:26 AM
From: tkala	Read Replies (3) \| Respond to of 122087

USXP largest naked short position in the entire stock market Early 2006 USXP shot up from 0.0004 to 0.04 a hundred bagger . the float was under 6 billion at the time . we calculated that it took 39 billion shares to fuel this run If the shares sold were ligitimate would the squeeze have taken us past 4 cents .. after all the dilution caused by the excess shares is what limited the run ........ Between 30-June-98 to 31-Dec-2005, a period of 7.5 years, USXP traded a total of 20.2 billion shares. In the next three months during the March Quarter (1/1/06-3/31/06) USXP traded a staggering 39.1 Billion shares … almost twice the amount in its previous history. It is difficult to put a dollar value on to those trades without adding up all of the millions of individual trades. But, if we assume that all of the daily volume traded at the closing price, it will provide an excellent approximation. In reality, some shares during the day would have traded above the closing price and some below. Assuming that all of the shares traded at the closing price, does however give an excellent estimate of the dollars traded. In technical analysis this corresponds to On Balance Volume (OBV). When we do that we get the Dollars Traded during this period as in the following chart: If we now add up all the dollars that USXP traded during its previous history from 30-June-1998 and up to 31-Dec-05 we get $429.4 million, which is almost identical to what USXP traded during the next 3 months in the March Quarter ($429.1 million) alone. During the March 2006 Quarter (1/1/06 to 3/31/06) USXP traded the same amount of dollars as that in its previous history! Something extraordinary did indeed happen during Feb/March 2006.