Post by
Roller007 on Apr 22, 2016 11:13am
I repeat. Don't sell
They can only hold back the beast for a bit, let them play with their own shares until the short panic sets in and reality hits in that their short position is going to zero.
Comment by
DeltaVega on Apr 22, 2016 11:30am
I agree. I will start selling at $57.50 as I am NOT that greedy! GLTA!!
Comment by
Roller007 on Apr 22, 2016 11:35am
Delta: if u sell at 57 cad u are throwing money away. This will pop minimum 60 usd. Be patient, we sure as hell suffered enough the last few months. This is our time now
Comment by
visionaryfool on Apr 22, 2016 11:44am
Timing of the deal is highly uncertain (if any). I think a lot of people will start jumping who bought low 30's. Only certainty is when you execute the trade and have cash in your pocket. So I don't blame people for waiting to cash out a bit early.
Comment by
sunshine7 on Apr 22, 2016 12:08pm
This what the shorts are counting and much of the trading, as it was before, amongst themselves. Holding the price within manageable range and hoping for any deal to fall through. Not enough free shares to cover at this price and increasing short position is quite risky at this point IMO.