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Message Boards Settings eDiets.com Inc. (DIET) - Quote Info
FYI to buyers      9-Oct-09 12:23 pm    
As a reminder, there remains a large short position not being reported. For anyone who wants to dispute this please refer to the frantic short covering rally a few weeks ago. McGrath buys $600,000 worth of shares at a buck which confirms the company is highly unlikely to go bk which in turn prompts the short to cover about 400,000 of his short position. I'll also remind you that the "posted" short position was only 80,000 or so which made it as clear as day I've been right all along. This is why we will still get the same action of tapping the bids in the last 30-45 minutes every day. He's still short 1-2mm shares is my guess but wanted to lower the exposure a little due to the insider buying. With that understood you can expect the continual dripping of the price every day because he's still short a big block. I'll call it right now however that there will be another frantic short covering rally prior to December.

If you're a buyer, stay on the bid because he will hit you late in the day nearly every day. Snafu and the boys are paid puppets of the marklet maker short as well so take that into consideration when reading their posts. I'm certain snafu is and usnorme could be an alias. The unyielding spin gives it away. Comically their last resort has been to simply state "they're lying". When all else fails this is the last resort. I love it.

Stay on the bid and you will get shares cheaply. It's been the MO for 18 months. The insider buying put a scare in him but his position is still sizable enough to protect. And disregard the posted short position of 80,000. It's not even remotely accurate because the person short is a market maker. They don't have to report their short positions.
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luk2dfuture

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FYI to buyers
luk2dfuture Not rated 9-Oct-09 12:23 pm  
 
lol. luk is always right - if you don't actually ...
snafu212 Rate it 12-Oct-09 12:23 pm  
 
At last LUK admits that there are no short po...
sandhuplas Rate it 12-Oct-09 01:32 pm  
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Ediets.com Inc. (DIET)

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