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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > shorts take no prisoners
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Post by bond46 on Apr 20, 2012 11:46am

shorts take no prisoners

For all you novices outthere know this: The shorts take no prisoners, meaning that they will depress the hell out of the stock until they shake you dry and force you to sell to them all your meagre stocks and savings so they can cover themselves  ( i.e., buy back their borrowed shares and return them to the investment house at rock bottom price thus maximize their profit by playing the spread to the downside). The shorts will be forced to cover their behind at some point and the stock will rebound. so if you don't need the money right away don't sell your stock to the scam of the earth, the shorts. Shorts are like scavangers or undertakers who go around the neighborhood asking if anyone has dropped dead yet in order to bury him. So don't sell and play into their hands. Be brave and you won't go over the cliff, trust me. At some point these scamsters will have to cover position especially if  the company comes up with some decent news or the company is sold; they will then run for the hillls.... Bond 46
Comment by pull1 on Apr 20, 2012 12:11pm
Added 5000K more to my position, my biggest mistake in life was to sell out of panic.  I learned my lesson the hard way back in 2010 during the manufactured Greek Debt Crises part 1, I sold my shares at huge loss, thinking then that it was the end of the world, took a loss of 60k ouch, ask yourself this question, what is the reason for selling?  This company has not announced anything ...more  
Comment by bonjovi501 on Apr 20, 2012 12:14pm
Well I am outta here at .89 and will buy back at .65 as this is a falling knife. I hope I did not make the wrong decision.
Comment by voyager84 on Apr 20, 2012 12:20pm
nah, you're making a good choice.  i mean u can always buy back in later when decent numbers come out
Comment by shane117 on Apr 20, 2012 12:30pm
You don't lose money until you actually sell.
Comment by estebancaballo on Apr 20, 2012 1:00pm
Looks like the short traders may have just  gone home for the weekend...........
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