RE: Shorty's Alarm Going OffCp,
About Short Sales. Let me bring to the table a technique that is used by several holders of options and warrants which are not insiders (about half of options and warrants of OPL). These private placees have obtained options for free and it allows them to save part of their investment by making a very simple technique.
Imagine a shareholder holding 100k shares @ 0.30 and 100k options actions @ 0.30.
When the price reached 1.50, he chosed to limit its potential losses by selling short 100k shares. That way, if the price drops dramatically, he can always forget his options and cover its short positions. If the price goes up to 1.50, he exercised his options and cash the difference between 0.30 and 1.50 in addition to selling its shares on the market ... in both cases, you will not notice a shortsqueeze ...
I do not want to sound pessimistic, but inform the board about a common and legal way to do as I strongly suspect that is currently used in OPL. Otherwise we would have seen more movement in the reports on short sales.
CF