PINL:GRPOF - Post by User
Comment by
colts123on Dec 19, 2019 8:28pm
240 Views
Post# 30474980
RE:RE:RE:Why are we so shorted??
RE:RE:RE:Why are we so shorted?? Well Jackthebear,you might even be conservative on your 60's and 70's, what is the definition of "infinity" when you short a stock and it starts to increase in price?.... The only guess I have, why too many people shorted this stock is 1) it is December and no news will be conmng out, on Xmas holidays 2) people selling to cover losses on other stocks owned and lost money on ie. tax loss season 3) hey it worked 6 months ago in July and price has increased since then so lets do it again ( might be brokers working for institutions and trying to impress their bosses again...there goes the Xmas bonus)...With that many shorters and trying to cover at the same time ,is the the definition of a "short squeeze" ? I am glad I am not in their group. Merry Christmas to everyone , even to the "Get Shortie" people