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Re: tbirdman post# 8759

Sunday, 08/17/2014 9:32:47 AM

Sunday, August 17, 2014 9:32:47 AM

Post# of 10143
I bet he - and his followers - are getting squeezed big-time.

That spike up to $3 on Friday is a good indicator. The shorts are trapped, and I don't think it stops here.

This is a unique situation. The stock was halted on the NYSE in November, reopened in the greys this week. The stock had a large short position when halted, and those guys are stuck. They can't short any more to help their position, and the delisting significantly raised the margin requirements.

All they can do is cover.

Someone with deep pockets, that's aggressive, could drive this sky high in the short term and really nail Little and his gang.

$FABU

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