OTCPK:CNZCF - Post by User
Comment by
tradergaderon Jul 08, 2003 2:38pm
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Post# 6227232
RE: I think Shorts are "Waking up"
RE: I think Shorts are "Waking up"As much as I would like to believe this, the hard truth is that the shorts are in total control of this stock until something much more significant happens to Concert. (eg. a positive quarter would be nice). Until then, shorts rule this thing even after they renegotiate their financing.
I think its fair to say that the average share price for shorts is higher than .50 and probably closer to 1.00. And remember, when or if it is time to cover, they already have escape plans to flip over and make money on the upswing.
Smart money is definately here.