Food for thought ??We know that half the float is owned by mgt. , we also know that about half of what is left is controlled by institutions who are holding for the long term That leave's about a qtr. of the float. We have a good idea that a good portion of that is controlled by longs with large positions and they arn't going anywhere soon. That leaves not much to trade or short .
What if a good portion of the longs if they have some for sale raise to their asks to the mid or high 5's in concert so that the shorts have no ability to buy and cover at these levels what they have been doing lately.
It would put big pressure upward as they scarmble to acquire whatever they can get their hands on and bring the S / P up to a much higher floor for the stock than what it is now.
Just a suggestion !!!