RE:RE:RE:RE:RE:RE:Shorts need to coverIMO you are right to a degree. Shorts are no different than longs in many respects. They look at general market/sector sentiment momo, look for a company with low float ideally, and actively manage the price lower when needed. Long MM do the same thing - its called distribution I believe. The dissemination of negative innuendo is the distasteful aspect of short strategy I have a problem with. Then again, the MM can do the same on the long side, suckering retail in with 'to the moon' pumps and targets that will (knowingly) never be reached. In both cases, there are times to cover, and I believe this is the time to cover the short. Company is showing way too much confidence in their forward guidance and the real volume is taking a show me attitude. After the financials are released, we start the wall of worry all over again. Consider this a pump if you wish, but do a little DD and you will see pending value in my opinion and that of many analysts. GLTA
YouLose wrote: Easy to blame shorts for the stock price going down. But they are not short for no reason. They are short because they expect the stock price to go down, and they are betting a lot of money it does. You have to ask yourself what do they know that you do not!
easymoola2003 wrote: Now I hear em! :)