All the shorting is insaneIt seems shorting is the latest trend in making money look at this:
I saw a Warren Buffet tweet on GLER on Monday
then I read of a shortsqueeze about to happen by May 28th due to this:
May 21, 2010 (M2PRESSWIRE via COMTEX) -- BUYINS.NET,www.buyins.net ,announced today that these select companies have beenremoved from theNASDAQ, AMEX and NYSE naked short threshold lists.Canacol Energy (OTC:CAAEF), Global Earth Energy (OTCBB: GLER), CrescentBanking (NASDAQ:CSNT) and Alfa-Laval AB (OTC: ALFVY). For a completelist of companies onthe naked short lists please visit our web site. Tofind theSqueezeTrigger Price before a short squeeze starts in anystock, go tohttps://www.buyins.net.
then I saw the PR today
https://www.worldmarketmedia.com/779/section.aspx/1636/post/global-earth-energy-receives-funding-and-acquisition-otcbb-gler
Theyjust secured 10million in financing and completed the acquisition ofRCI
looks like this is trading on the low side of the springboard,and the daily chart looks great.
https://www.stockta.com/cgi-bin/analysis.pl?symb=GLER&num1=41&cobrand=&mode=stock
MACDover 0 and RSI over 70
If the shorts are squeezed out by the28th... WOW
I'm in today for the ride
GL