GREY:MIGGF - Post by User
Post by
ZeroZeroon Jun 21, 2011 2:05pm
214 Views
Post# 18745172
Bottom ???
Bottom ???
"It would be very hard to short more of this stock, because three-quarters of the available supply of shares are out on loan, so there's hardly any more shares that you can get your hands on to short," said Data Explorers spokesman Alex Brog.
As far as I can understand this, it means that there will be short covering soon.
hence, the bottom has been reached.
Regards.