Let me help you make sense of this because I live and breathe it across the entire small-cap spectrum.

Anytime any OTC stock jumps 100% + with volume, it automatically hits the radar of shorts, who pretty much automatically jump in and short it. Why? Because 99% of the time, OTC stocks with those kinds of jumps are based on fluff, so shorting them is a virtual guaranteed profit.

That's what happened to Omagine. It was nothing "personal", strictly business.

As shorters discover that Omagine is actually a real deal, they will lay off (which is what you are seeing now) for fear of being caught in a squeeze.

The better news is that if (and when) they begin to actually believe it, they can just as quickly turn bullish and pile in. That will be our job as we put together the IR plan for the next 90 days.

Hope this helps all of you.

Best,

George