Omagine

OILMAN, It stands to reason that if we all are sure our OMAG shares are sitting in a non-marginable (cash) account, and assuming that OLD GUY reads the regulation he sited (SHO) and naked shorts are not legal on a (I hate to use this term) "penny stock" such as OMAG,we will greatly reduce the number of shorts in a "short" (pun intended) period of time. So hopefully all of you will call your brokers,ask if your sitting in a margin or cash account and get them to switch to a cash account if it's not already . Please don't take my word for it, call you broker --and ask them,---Bill.--- P.S. If you do buy on margin and plan to continue to do so, set up a cash account for just OMAG ,to shelter those shares from being loaned to the shorts. All of this will cost you nothing and we should see the price jump as the shorts get squeezed--for two reasons. Less shares available for shorting; and as the price rises--the "covering" begins.