OTCPK:MEAOD - Post by User
Post by
Quixoticaon Aug 27, 2010 9:58am
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Post# 17389124
Raffles...
Raffles...Sometimes my head is too thick and I just don't get it. I read your analyses very carefully. However with regards to the shorts (covered) that you make reference to in the last post do you think that a position of 3 or 4 hundred thousand shares can actually move the market to the extent that we have just witnessed?
Wouldn't a move like we felt over the last few weeks (esp. Monday's fall) be result of shorting and covering within the same day? To me the level of short pos. you mention seems like a drop in the bucket.
Thx for answer and effort to simplify it for layman like me ;)
Q