BGM shares price. | Short Summary |
| Short Volume | As Of |
| 1,818,915 | 31/Jul/2013 |
| 2,138,515 | 15/Jul/2013 |
| 2,214,215 | 30/Jun/2013 |
The following is the short summary for BGM. It has dropped nearly 500,000 shares in the month of July.
The basher have attempt to panic the long shareholder in order to supply the shorter so that they can unravel their positions.
Nothing like the volume of shares being traded 705,354 in July and nearly 500,000 went to cover short position. So for those who been following,the basher there job seems to be helping shorter cover their positions and help them. More panic more basher more shorter posion cover. .
Based on the current trading volume,so far 687,293, An estimate of 750,000 shares will be traded in the period 08-01 to 08-15 position. we should see another 600,000 share drop in short position.
I figure with luck there will be 500,000 shares shorted by the time the stock reopens. The basher will be gone about then as the short position they had to cover will be gone also.