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Welcome To The North American Gem HUB On AGORACOM

The Company's primary goal is to explore for Coal in North America, currently the focus is in Kentucky, Saskatchewan and West Virginia.

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Message: Re: NAGging prices

May 30, 2008 08:42AM
What is the short position on this stock. I cant see anyone being brave enough to short a stock at .24 cents unless they have some very good insider information. The most they can make is .24 cents a share if they are right but the downside is unlimited. If any news comes out a 24 cent stock could double on very little volume so a shorter could easily lose his shirt. For starters a shorter has to put up 36 cents a share and for every two cents the stock goes up the shorter has to put up another penny. Good way to go broke unless as I said before they have some solid information

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