GREY:CEXJF - Post by User
Comment by
larsen6on Mar 10, 2012 12:48pm
355 Views
Post# 19653402
RE: When will this stop!!!!!!!!
RE: When will this stop!!!!!!!! Hopefully soon.
As pointed out by posters on the Investorvillage boards, the number of shorts out is huge. No doubt that these shorts are still looking to push us lower.
These shorts are correctly looking for a washout on nat gas in the next couple of months. Maybe AECO gets to a buck? If so, that will be the time to back up the truck on CLT, as all these shorts will be clamouring to cover. Absolute bottom technically looks like $12 - $13, but I hope we never get there.
For disclosure, I bought my first shares yesterday at $15.96. In going through my 2011 tax return, the last time I was in CLT, it was at $17.99.
Larsen6