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Message: House Positions

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Re: House Positions - Thanks irish1111 - House 68 Jitney made a lot of small

posted on Aug 31, 09 12:49AM

For the record, I called for 2 NR in the next week on June 26th...not recently!! I do not expect anything significant till mid September now. They could always surprise us and that is why at these prices, I refuse to sell except a few shares to play the daily swing. I believe they want to push us under $2 to squeeze the margin calls...yes, National Bank has margin available at $2 so it is in play. However, they are taking their time to do this and investing very little to do it. There is also some good resistance at the $2.05 mark.

The other factor is when will on of the big houses supporting NOT jump in and drive this back up in a hurry burrying any manipulator's plans? The game has changed and the boys that used to manipulate us have now met bigger boys in the school yard and must play a little nicer!

I am hoping for a good week but again, NR in mid September is what I expect for what it is worth.

Glorieux

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