Naked short selling is the surest and quickest way to the poor house if it goes against you.

I for one like the the thought of a massive short squeeze.

Naked short positions are even more volitile - you see how QUC can move to the upside with such a small float...how would you feel if you were short the stock and were suddenly a buck out of the money and were called to cover it ?

What if you didn't have the money to cover?

I can see the panic that might occur, taking a hit at any level and driving the share price past the new 52 week high in ever effort to cover. I am watching the 3.64 level and will add to my LONG position on dips.

Good luck longs - a short squeeze is your friend. Maybe they made a little today on the pullback, (not rocket science to see a pullback was in order) but watch the mayhem if this one goes against them.

:)

GS40