The Short Position must be Scared sh......less....In the past they would just wait for volume to Peter out on rallies, then begin the push down.
Bucco even bragged about this method, called it 'rinse and repeat'.
I don't think Lil Shorty was thinking gold could take off. But, clearly he was worried about rallies based upon PDAC, and he prepared what I believe were hit pieces prior to PDAC on a few stocks he or his clients were likely Short on, incl NFG....but, this was BEFORE gold shot up.
Lil Shorty wasn't expecting this......nail biting time for Lil Shorty.