GREY:EORBF - Post by User
Comment by
JayB1on Jan 20, 2013 1:32pm
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Post# 20863220
RE: Let's skeeze the shorts
RE: Let's skeeze the shorts Interesting numbers: last week avg volume of share trades was a bit above 300 000. With theses volumes shorts would need more than 20 days to cover. Since covering would requiring shares now, we could some shock wave that would bring the stock close to 5$.
I'm betting that is 2-10 millions shares are protected on margin account in a short time. Some shorters will get out, price will go up on low volume and increase pressure on shorters... Slowest shorters may get hit hard as price go up. It would be some kind of butterfly effect.... But to do it we need board members.
Let's see what a board can do. Put a SELL order until January 31st at 8-9$ on your shares and we will see. Do it Monday morning for more Butterfly effect....
JayB