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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

TSXV:LFD - Post Discussion

Longford Energy Inc > 59,300,000 shares short to COVER now....
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Post by taxdemicco on May 26, 2011 9:54am

59,300,000 shares short to COVER now....

Hello Everyone,

Bravo to all, really, you investors did the right thing.   Management deserves to be applauded for saying No to abuse.

Notice huge volume in 15 minutes of 750,000 shares.  

Shorts in panic.

Do them no favors, let them stampede over each other.....

This is what they deserve.

Remember my contacts from the other world are the guiding light for the present Justice.   Say a prayer so that these demons are gone.

We will rally for one month to cover such a huge short position.

JMHO
Comment by stockwrestler on May 26, 2011 10:01am
good call, taxdemico!glta
Comment by gas61di56 on May 26, 2011 10:45am
Ouch !!!!Big squeeze coming...:).time to let this one fly !!!
Comment by RockLobster1 on May 26, 2011 10:51am
Well just bought some more this morning... my take is that since this was a bought deal it was up to LFD to cancel.  Since they had a bought deal, to cancel it should mean they have some other kind of financing they prefer.If it had been a best efforts deal and couldn't be sold due to the stock trading too low, then a cancel would have been bad news, but since the risk was the ...more  
Comment by alstra32 on May 26, 2011 10:55am
Can someone explain and is there proof there is 59plus million shares short
Comment by gas61di56 on May 26, 2011 11:42am
Better deal with someone else...$$$This will move before closing...News of what's going on shortly...very good entry point...bullish !!!
Comment by maysteeler23 on May 26, 2011 11:50am
$.25 seemed too low with oil already on the block. Bashers have all disappeared. Looking like a bear raid, heavy pushing on shares. To help a position. LFD now has to clarify how the new financing will be done, and especially has to tell the market when drilling will start. That'll squeeze em out big time
Comment by maysteeler23 on May 26, 2011 12:00pm
A big fish could really crush these shorts. And so would drilling news
Comment by ogod00 on May 26, 2011 12:18pm
you cancel because the clarification that the TSE asked for is something you are not willing or able to provide? you cancel because you see the guys that took down the financing short into the market because they cannot sell the sahres to their clientbase, i very much doubt that the short position is 59 mio but the pop this morning surely has something to do with the canceled financing, but a more ...more  
Comment by maysteeler23 on May 26, 2011 11:59pm
VST is up 18%. U admitted u got out of VST. So it actual looks like VST has found something. Also LFD has said they have multiple financing options. Not a position of need. And today's move was big money moving in
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