Message #27 From:
booyah1234 Date: August 3, 2007 10:46:18 AM
Naked Shorts All Over CNIC
This is what happens to small companies that fail to promote themselves and instead let short sellers destroy the market cap. It is easy: sell borrowed shares, drive down the price, then cover and run to the bank...The frenzy in CNIC is such that the shorting is largely naked and highly profitable, though the price is now well below book value.
This is a great level to open long positions...Copernic is moving toward profitability. Mobile devices are everywhere and CNIC software multiplies their effectiveness.