RE:RE:Lost Almost 50%davidaud wrote: "
Don't you think, just maybe the astronomic short sales to 20,000,000 vs 65,000,000 share capital might have caused much of the share price drop. I thought we would see alot of short covering for tax purposes this month but it hasn't happened with one day to go in the U.S. When it does we will see share prices of $50 and more. Have you started to cover yet?"
I did not understand your logic. Why would short seller cover for tax purposes if his/her transaction are in the money?
The most analysts and investors are typically bullish on whatever stock they own. Short sellers, at least, provide a nice counterbalance to so much unvarnished bullishness. If a company is producing high-quality earnings, high-quality cash flow and they are honest with their customers, suppliers and investors, it will be fine.
Otherwise, the shorts might just give them hell, which is otherwise known as the truth. :)
Bears can only make money if bulls push up stocks to where they are overpriced and unsound. Bulls always have been more popular that bears because optimism is so strong. :) Still, over-optimism is capable of doing more damage than pessimism since caution tends to be thrown aside.
To enjoy the advantages of a free market, one must have both buyers and sellers, both bulls and bears. A market without bears would be like a nation without free press. There would be no one to criticize and restrain the false optimism that always leads to disaster.