RE: Nice 100k bid at .59 ABM is on the moveVery 'impressive' breakout!
CannaCrud got the ball rolling right at the open picking up 100K shares at 59 cents.
Then a couple hours later Anonymous stepped in to gobble up another 50K and driving the price up to 65 cents__followed an hour later with yet another 12K to beef up the current 63 cent last trade level.
So between two of the best sharks around they took down 162K of the total 182K traded so far today.__Now that is what I call true 'support' for ABM!
Hey CINDY__Do you think that this action by Anon is short covering?
Why don't you give us an update to the current short positions as of Feb 15th to see what happened to all the shorting by #1 you were posting the other week.
SUBJECT: #1 has shorted another -122k today
Posted By: cindylou2
Post Time: 2/12/2008 01:34
-324,000 he is trapped. All warrents,B warrents & options have been exercised.It is not a short cover.On the 30th of Jan ABM bounced off of the all time low of .25. It went back up & at .36 #1 shorted -69500 into it.The close that day was .38 86200volume. #1 shorted it all the way up to .55 today. Not to smart of a thing to do to a tight Junior with news coming out. Ouch! The 30th was an ugly day in the market & #1 thought it would go back down. So when does he cover?
ATHABASKA MINERALS INC ("ABM-V")
- Short Positions on 2008/01/31 69,500 69,500 0.36
//st
Net Total Last Total Price
Date Change Shorted Price Volume Range
----------------------------------------------------------------------------
2008/01/31 69,500 69,500 0.36 - - - -
2008/01/15 N/A
2007/12/31 N/A
2007/12/15 N/A
2007/11/30 N/A
2007/11/15 N/A
2007/10/31 N/A
2007/10/15 N/A