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Re: sons4 post# 10742

Tuesday, 09/02/2014 4:31:35 PM

Tuesday, September 02, 2014 4:31:35 PM

Post# of 48147
Here's the deal: cost to borrow ANY is 25% at IB and likely any other broker. That means in order for the borrow to just break even minus margin req, ANY has to drop 25% from here. 6.88-(1.72)=5.16. For the shorts, the juice is becoming not worth the squeeze. With so many shares short and so many days to cover, the perfect storm is brewing with such a tightly held and low float stock. I added 1,500 more today. They cannot afford to keep a lid on this much further.
Volume:
Day Range:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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