OTCPK:EMMBF - Post by User
Post by
ledrogon Dec 23, 2016 10:13am
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Post# 25639562
Might be decision times for bears......
Might be decision times for bears......When someone takes out a long position and watches the PPS drop, they can buy more to bring down their average cost....A short seller can do the same thing when they see the PPS climbing.
Up to December 15th, in just 4 days of trading Bears borrowed and sold almost half a million shares....and the PPS got as low as $2.52.....but since then its been climbing. That could be big trouble for short sellers.....they could buy back and close off their positions.....or maybe they could short more in hopes of injecting some price based fear into the market.