RE: Something to think aboutThe 1.2 million for the short position were reported by the end of July, look at INT daily chart after the end of July, I am not saying for sure they covered all of them but may be part of them, or may be not at all.
The short position might be used as a tool to scare the investors, looks like this story is not about short position only but it is about a large holder accumulating, or may be the game was played to accumulate, and short position at the same time.
What makes sense to me now? Someone controlling it to accumulate as much as he can before it is out of his hand and before the market itself start to beside the direction of the SP
I am repeating one more thing I said last night:
RE: PP
Adam62 2
8/6/2011 11:49:24 PM | | 111 reads | Post #30052486
f3driver; I hear you, the money they invested in PP required a lot of research and DD; they know what is going to happen in the future.
The bashers wants us to ignore that, one of them said there are more the 50% of the stock goes down after the PP never goes up again. oh yea nice try LOL
Why the heck INT will be among this bad 50%,(more or less) there are lots of reasons to believe that it will be within the good 50%, (more or less)
Just my opinion