RE:SHORT PositionthePlayer wrote: do I understand it correctly? On 2 exchanges we had around 45 million shares shorted?
So total what - around 50?
Well, if thats the case then lets consider the following- our in house "optimists" are confident that great news can come any time and there is nothing to worry...... but around 50 million is a HELL of a lot to be able to cover. With good news there will be so many longs wanting to get in also.
Tough for shorts indeed.
The only explanation which comes to mind is that shorts are a holees, with no real experience or knowledge or brains for that matter....... RIGHT???
So with all these shorts STILL presumably out there, why haven't we seen any short covering??? My guess is because they aren't scared at all. And to call them a holes with no knowledge or brains, well.... The shorts have schooled this stock and all the longs the past 9 months, always a step ahead and always SEEMINGLY knowing news before it's released... Any reason to think they still aren't right and suddenly got dumb?? How naive. Up 8 cents after a low volume day means....nothing. I for one wonder how there's so much buying JUST before a NR... Time to clean that up Pierre. Bush league. Surprise us with the next release