2 things - Shorts watch out!1- Just received confirmation that INT will formally address the Second Horsesh1t Letter, on monday before the open. I suspect we will be getting amazing Ortsbo's stats to go along with it. I am confident they will again show how their stats are derived and reassure investors.
2- I have a contact who just told me the following:
There are some big funds who want to take a position in INT and have not yet done so. Monday may be an opportunity for them to do so, why?
Since there are over 4.1 million shares shorted, some funds specialize in buying up shares at market price on Monday to "Squeeze" the shorts out of their position. In doing so, these funds bought in to INT and at the same time will watch their investments spike short term due to the squeeze. In some cases some funds specialize in this type of activity, where they take a position at market price, squeeze out the shorts, this in return causes SP to rise then funds will sell out of their position.
Once the Shorts have been squeezed out, I am not sure if these specialized funds will keep some or all of their shares BUT either way it is positive for us.
Like i said this second crappy article is so poorly written that their game plan is so obvious and what goes around comes around. Some people have taken notice and I would not be surprised to see us gap up at the open and see SHORTS running scared. This article may backfire on them!
Go INT Go.