InvestorsHub Logo
Followers 4
Posts 262
Boards Moderated 0
Alias Born 10/28/2014

Re: Jesspro post# 72618

Wednesday, 04/27/2016 2:41:57 PM

Wednesday, April 27, 2016 2:41:57 PM

Post# of 80490
Jess, obviously we need to see the transfer of power change from the shorts who have been in control for some time now. For sure, they are savvy and we can only surmise why they are still there at this time with a lot of shares as all indications say that they are on the wrong side of things to come.

My personal opinion is that they see the handwriting on the wall and are being very careful about starting a "short squeeze" with covering at a high rate thus only a reduction of 10-15% every 15 days.

I can tell you one thing, the last thing in the world I would want right now is to be "short overnight". Either they know something that we don't know, know that they won't be hurt without warning or they are just plain playing with fire.

BTW, thanks for your support and encouragement with the posts.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.