RE:RE:RE:11 million shorts need to cover all at onceI wouldn't call it a short attack. I explained after earnings that when debt to ebitda rose to 6.4 most funds would have to dump and most can't buy. Many people inboxed me and were thankful for the explanation of the long squeeze. It wasn't a short attack nor rocket science. I think its very conservative to estimate the ratio is now over 7 and rising. The is very little room for error here and numerous headwinds. I don't think it ends well for shareholders.
fundtrader wrote:
what do u expect ..when you are under a short attack orchestrated by 4 hedge funds together with tons of cash..criminal in my opinion.mfukers have to cover 11 million shares..stop dreaming..Cohen is buying more shares, he has more money then all these short chumps put together. Short thesis is over..only morons would be short at these levels..