RE:RE:Time is running out...Craigbad wrote: Bnn showed a chart the other day which showed that shorts weren't running for cover. They actually doubled down after the takeout rumor. The short interest on the chart showed it running around 5% in March and has ramped up to near 25%, which is 5 times where it has been. Most of the shorting has been done in the $30-35 area and spiked when the price did. The people shorting at this level aren't looking for a few pennies they're looking for a colllapse and have enough balls to do it amongst take out rumors.
You realize even if the short interest is 20% there is 5 times the money betting the other direction right? These guys aren't in it for pennies, god you're are a fuucking dumb shiit.