Stephen Cooper

Famec

misterjover said: "Yep.. you guessed it. This is yet another stock that will be pumped and shorted. Keep an eye on this because it is easily manipulated. This stock has split in every direction imaginable (yes diagonally as well), and it has changed names more times than P.Diddy, Jefferson Airplane, and Jason Bourne combined. Check this out. One day, it went up from $70to $90 with a volume of 300!!! It closed at 84, and the next day it dropped to $70!! When shorting a stock always look for price manipulation and price sustainability. Always remember this story when you see a stock surge upwards through articificial means: One day a farmer went to the devil and the devil told him that he was going to make the farmer rich. The devil bought the farmer's cow for $25 million and the farmer bought it back for $25 million and 1 cent. That day, the last trade for the cow was listed on the market for $25 million and 1 cent."

AlfredSokol said: "That average volume of 2,400 shares per day is a bit scary to me. If you get caught on the wrong side of a move with this one, you could be screwed quicker than a 19 year old hooker at the Democratic National Convention."

misterjover said: "[QUOTE=AlfredSokol]That average volume of 2,400 shares per day is a bit scary to me. If you get caught on the wrong side of a move with this one, you could be screwed quicker than a 19 year old hooker at the Democratic National Convention.[/QUOTE] Is that what they do at those conventions? LOL!!! So that's where all those campaign contributions go! Wow.. all my shorting tips have gone good today. You see, this mad dog has dropped 10% already in today's trading, and I'm hoping to short 200 more shares before covering at $5. ... Cuz it's going Down, down, down... The Ring of Fire.. The Ring of Fire!!! :D"

AlfredSokol said: "[url=http://finance.yahoo.com/q?s=FAMEC]Up 10% today[/url]"

misterjover said: "Today it's down 14%. Gotta love it when I spot scumbag stocks. They're the most fun to short."

HappyHarry said: "So when do you plan on shorting it?"

misterjover said: "Unfortunately I covered at 8.88 after shorting at 10. I wish I could've held the short position longer, but I didn't want to risk it with the low availability of shares short and the high probability of pumping within the next few days."

bobjitsu said: "[QUOTE=AlfredSokol] If you get caught on the wrong side of a move with this one, you could be screwed quicker than a 19 year old hooker at the Democratic National Convention.[/QUOTE] Bwaaaahaaaaaa :D"