RE:RE:SHORT SQUEEZE INEVITABLEvers1demainvert wrote: Shorters will have to cover quickly before any news of significance comes out. It may already be too late for them.
vers1demainvert wrote: Shorters average price $4.16. Stock options to employees $4.41.
A recipe for disaster is being set up for shorters. Don't forget short numbers is 3,097,907 They are trapped! Peter got them where he wanted them: TRAPPED. The share price will explode.
Agreed. Stock options to directors / employees at $4.41 is such a fanatastic bullish sign from Peter. Just brilliant. Basically, it almost sets a floor for the sp at that level. Of course, those options will become far in the money, because Peter wants to give his people a REALISTIC incentive, reward them for all the work.
For all LONGS, hold your shares close to your breast. News may come out every day. But, before that, on quiet days with low volumes , shorters may try to talk and push down sp a bit to spread fear and perhaps buy your precious shares by hitting stop losses. Once more, I personally do not use stop losses , never, because I know what I own and I don't want to get rid of my shares at lower prices. When I may be selling a (very) small part of my shares, sp will be well above $ 10. Vast majority I will continue to hold for so much more.
For me , the news about stock options yesterday is another reason to BUY more shares. And I do what I say !