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Re: pba post# 253998

Sunday, 05/28/2017 12:03:28 AM

Sunday, May 28, 2017 12:03:28 AM

Post# of 372598
pba... if the shorts are slaughtered as we longs are hoping for, then.05 may be a low number. What bothers me is a lot of the shorts are "naked shorts". Meaning they never borrowed the stock, but are using air shares(make believe)and hoping to cover. There are security laws, but no one seems to give S!@#.

"A regulation implemented on January 3, 2005 that seeks to update legislations concerning short sale practices. Regulation SHO established "locate" and "close-out" standards that are primarily aimed at preventing the opportunity for unethical traders to engage in naked short selling practices."

In the short term (a month or two) I'm uneasy.In the Intermediate term( 3-6 months) positive and long term (beyond) super Bullish.

I think we have a winner and I'm willing wait. I've held this for 7 years and don't intend to get spooked out.

To all longs have a nice holiday weekend and Tuesday will be here soon enough.