RE:Shorts Becoming Pumpers?!?Just remember, the number of shorts posting on this board is small compared to the LEGIONS of them who follow CHODES. Unless he covers or says otherwise, the people on this board are small fish in a shark filled 2 by 4 enclosure.
Lumberfeverlong wrote: There is a big shift that started a couple of days ago. I noted earlier this week that there were an unusual number of buys by anonmymous. Recent posts by shorters indicating they have begun covering and going long confirms my suspicision that trading patterns by shorts are changing.
Lattice disappearing, Pro changing his tune and using Megabear as his evening moniker, smallshort announcing he covered and went long etc. This is either a head fake or a true change in investment startegy by organized shorts. If a change in investment strategy, rest assued that it is based on information not available to us retail investors,
What info could they have? They could have info on a number of fronts. They might be privy to some imminent and significant insider buying, They might have info on scripts and drug pricing that would suggest rvenues are turning around. They might also have gotten a clearer picture on the UK regulatory environment and concluded that the risk there is minimal. Finally, they might have uncovered the motherload of inside information i.e. an imminent hostile bid.
Whatever it is, they have information we mere mortals simply do not have or the are just trying to reset their short positions at higher prices. Either way, the regulators need to wake up and do something to reign them in, The damage they have inflicted on capital markets is HUGE and far worst than some individuals making some money on inside information. The entire integrity of the capital markets is undermined by these very effective market manipulation tactics.