GREY:SXRZF - Post by User
Comment by
tillbillyon Nov 17, 2010 4:32pm
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Post# 17720776
RE: RE: Shorters
RE: RE: ShortersGood post LouE...I've been trading this gal since it broke 3$. Last in at 4.08 out @4.34. Bought back at 4.52 and been kickin myself for missing the push to 5$.
Anyways....I'm in till the divy or a re-test of the 52Week Hi. I have no visability of the Shorts and am wondering if you could keep us posted.
I, like you, figure on the squeeze but I will caution on the divy squeeze.
Say the stock trades at 5$ on divy announcement. Over time SP rises to $6.06. If I was short on that date I would not cover but rather I would likely wait till Post divy date (X) when the stock would drop by the same 1.06 and likely more.
Would it not?
In any event I'm long for now.
GLTA