GREY:AIIFF - Post by User
Comment by
rishshah1on Jun 13, 2011 10:00pm
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Post# 18710250
RE: RE: RE: short position???
RE: RE: RE: short position??? there is some serious shorting going on..just look at the trades...10k share lots , 25 k share lots...are being sold and bought back at lower levels by bmo, national bank and anonymous..not much sellers...there was also a short sqeeze midday followed by more shorting from national bank and anonymous to bring it down ....
if buyers return this will move up big time cause there is only 24 million shares outstanding out of which 2-3 million are newbuyers under 5 $...the rest are short positions...the other have bought it over 14- 15 $ so are not going to be selling for cents on the dollar....you could see averaging soon / buying to lower cost price on previously bought shares....my guess is we are going to have a dead cat bounce soon...