RE:RE:RE:RE:RE:RE:RE:What are shorts as of Feb 1?ferret_ca wrote: madmax, you are one of the very few on here who understand wef and it's workings, lots of people on here expecting massive jumps on earnings merely by looking at ifp and others. we could easily work our way back up to the next level of resistance around 1.80 ish.
people expecting a short squeeze on this with 1 % shorts are out to lunch, period, imho. some of these shorts could even be some insiders merely protecting gains on some of their options, more of an ultra conservative strategy as opposed to someone doing high risk shorts. also many funds do long/short strategies, say go long ifp and short wef at the same time, some of these would probably cover but shouldn't affect the s/p movement much at all.
cheers ferret
Exactly, well said! I think the earnings will be ok to good, not more... I don't see a pop in the share price on earnings... If I see +5% on earnings I will be very happy. That said I am bullish on WEF but I think it will take times and a couple of quarters then we should be a lot higher than now. WEF is my biggest holding.