Post by
sunshine7 on May 01, 2016 7:13pm
Time is running out...
for the shorts and they feel it. Pulling out all the stops to cover while they can. First the chicken farmer on the day of the AGM followed by the FT nonsense piece. Likely something else to follow in a lead up to 1Q16 financials and potential buy out. The exits are getting crowded and THEY are looking for shares to purchase. Trade volume is not an indication of shares sold, merely recycled shares traded for pennies. Remove your stop losses as THEY will be looking to take them out. Could be a wild week ahead. GLTA
Comment by
digitel on May 01, 2016 7:45pm
This post has been removed in accordance with Community Policy
Comment by
Craigbad on May 01, 2016 7:52pm
One certainly has to consider that people making such large bets against the company are paying for prescription statistics information and are betting against the quarter with their eyes open, otherwise it would be follish.
Comment by
sunshine7 on May 01, 2016 7:54pm
May not make any difference to these guys. Note heavily shorted NHC which fell after (very) good ER. Why... because they can.
Comment by
sunshine7 on May 01, 2016 9:05pm
Maybe I should have finished the story... Fell 10% followed by a 35% increase.
Comment by
StevieCohen on May 01, 2016 8:21pm
You realize even if the short interest is 20% there is 5 times the money betting the other direction right? These guys aren't in it for pennies, god you're are a fuucking dumb shiit.