Larry, Great to have you here! The whole concept of naked shorting is still relatively new to me. I am greatly indebted to Jim Puplava and Eric King for the efforts they have made to educate me and others about the realities of behind the scenes stock manipulations. These things are not new, as I have come to discover after reading Reminiscences of a Stock Operator by Edwin Lefevre. Jim and Eric have both recommended it, and it's definitely worth reading, if for no other reason than to better understand that there really is "nothing new under the son." What the true short position is here with Kimber, I'm not entirely sure. Maybe it is only a few tens of thousands of shares like MSN quotes. The big downward pressure on the price came a few months back when Kimber was getting ready to do the financing that they are in the midst of right now and that should close within the next 72 hours or so. In such situations, hedge funds affiliated with certain investment banks go in and start shorting the heck out of the stock to drive the price down believing they'll get free or cheaper shares as part of the deal when the financing is done. They use these shares to replenish their short positions and make the difference on the spread. The most important thing for folks like you and I to know is that this is a classic game where those who KNOW something take advantage of those who DON'T KNOW as much. Even if these shorts don't get their shares back for some reason, the little guy can still lose. Why? Because, as Dave Morgan so often is fond of stating, they wear you out and scare you out! Think of it this way...If they start selling, the price will be driven down. If nobody leaves the game and they start buying back, theoretically the price would go right back to where it was. BUT, if people like you and I see the price drop and get scared away, because we don't know what is going on behind the scenes, part of the demand goes away and these same guys buy the stuff they just sold back at a lower price because you and I are standing on the sidelines trying to figure out what the heck just happened. With a stock with a relatively small amount of shares changing hands, just a few people, even one person can make it move in scary ways. If small investors don't know the true story, it can scare the crap out of them too. Fortunately I had the great fortune of meeting Eric King, Jim Puplava and Keith Barron at an investment conference several months ago. And I can assure you all, regardless of what Jim is unable to say on the air, he is still a big, big investor in Kimber and is very bullish on it. Still, even knowing what I know, watching Kimber go down a few months ago was very scary. Even if Jim Puplava can't mention Kimber on the radio anymore, just go to MSN and take a look at how many shares he privately owns and you will get a greater understanding of how much he personally believes in the company. SB