GREY:HLLXF - Post by User
Post by
Paracelsuson Sep 21, 2011 12:20am
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
407 Views
Post# 19064592
Latest Poop - Shorts won't stop. Justifible Price
Latest Poop - Shorts won't stop. Justifible Pricehttps://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_H/threadview?m=tm&bn=66093&tid=226&mid=226&tof=2&rt=2&frt=2&off=1I just got an email from Bob Chapman. I emailed him yesterday and got reply today. He is overwhelmed by his emails."Hellix last seen was trading at $1.20 - we have the shorts trapped and stupidly they continue to short – We figure they are short about 5 million shares, and shortly there will be an announcement by the company regarding their drill permits and production early next year.My guess is that the stock will trade higher over the next 2 months, due to the announcement, continued interest, the prevailing shorts, and probably in November a surprise announcement.The only reason this stock was not selling higher earlier was because of the shorting and it is fully justifiable to buy at this level to average your position. "Here is my thought.Shares outstanding for this company:33,590,874company owns over %50 so 33,590,874 divide by 2 = 16,795,437I know most of share owners are Big Long Holders who know Frank Underhills CEO Personally. I would guess they hold at least 30% of remainder. They will never sell at this price. That's why shorts have hard time to cover their position. So we have about 11,756,805 Shares in exchange.Shorts didn't cover much positions yet. They continued to short today.Even if everyone in this message board sell out their positions, that's not even going to be 1 million shares.Unless one of you is big hitter.about 5,000,000 has to be covered. Pretty much they have to buy up every shares on the market today.I guess I will buy more to give them little more headache. Oh, this stinks. Production no less by next year. There is not a word about in SEDAR. This sounds so much like Silverado Gold. And Blob was pushing that SLGLF crap with the same moonshot promises.