OTCQX:BGMZF - Post by User
Post by
halcroon Feb 17, 2015 12:41pm
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Post# 23436098
Looks like the Rocket won again
Looks like the Rocket won againShort position at January month end was up 16,000K to 45,600 shares.
Factoring in the three-day reporting leeway, that means that shorters could have sold at 36 to 40 cents on the 15th to 31st cycle, and at 34 to 35 on the 1st to 15th cycle.
Clearing today and Friday at 28 to 29 cents would produce a profit of about three large.
Of course, Rocket has nerves of steel and knows how to play the market like a musical instrument, so he's likely made money on the upticks and will hold for a couple more pennies on the downturn.
Up and down, the market goes. Where it'll stop...the Rocket knows!!!