Post by
MirrorWorldMan on Oct 06, 2016 9:25am
If shorty cannot cover by now..
It is because they cannot. Nobody is selling them shares. They manipulated the price down this far and now what? No dilution to feed the necessary covering, so they play hacy sac with themselves on a crowded concrete floor looking for morsels whilst there carrying costs accumulate. Preach doom and gloom over and over and hopefully scare away new retail investors? Get large funds to sell? Prey upon the MM's a little? No strategy to cover is why they still post here. Longs just have to wait and watch them squirm. Thre comeback will be painful for them.
Comment by
borrowedlife on Oct 06, 2016 9:32am
Hence my shares are up for sale at the highest price and I keep moving it up....not borrowing from me these prixs
Comment by
smallshort on Oct 06, 2016 9:36am
Borrowed life, that makes zero difference. There are 50M shares out and stocks can reach 70% short ratios without problems. If you managed to get the majority of the people doing it, it might or if you were a large holder, maybe. Smart money is selling, not holding. There isn't even a spike this morning? How bad is that. The market has spoken! Listen to it!