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Sunday, May 25, 2014 10:47:08 AM
Sentiment said, "So if we all put limit orders in, and they actually kick in, then the stock value will go down because we are all selling our stock."
Why in the world would you go to the effort to post this clearly inaccurate information here, let alone on Yahoo. This effort was none of your business even if you were right that it could not work. Every post that talked about putting in a limit order talked about putting them in at $80 or $70 or $100 / share. How do you figure that the stock could go down from that effort?
I had a long conversation with my broker on Friday. I asked whether putting shares up on limit order removed them from the pool for shorting. They said yes. I asked that if the available shares for shorting had dried up, as has been reported by several people, and then people put in limit orders, what would happen. They said the brokerage would be forced to borrow shares from other brokerage houses. I had to point out that there are no available shares, anywhere. And asked again, what happens in that situation if many people tie up many additional shares at different brokerage houses by putting in many limit orders. Once pinned down they said with great clarity and confidence that the brokerage would be forced to call shorts and order them to close their positions.
I don't think this policy even varies from house to house. I think there was miscommunication, and I think there are brokerage houses deceiving their clients. The only way to know is to try it. And why not? What harm in trying? And why is that any of your business?
Your second argument, after you back-peddled, that if people setup limit sales at $80, and the stock heads toward $200, they will lose out is somehow very disturbing. In the last months there have been countless posts about selling at $10, $7, or even lower values, and I don't remember you once going onto Yahoo to put an end to such. But when posts circulate for a few hours talking about people putting in sale orders at $80, you make it your mission to shut it down.
And again, on Yahoo, you posted that putting in limit orders would force sales, and the stock price would go down. And after you back-peddled here you made no effort to clear that up on Yahoo. I suggest you do. You can't edit Yahoo posts, but you can delete them and repost.
The large volume of shorts are probably gambling that there will be no major positive data on Direct, and no data whatsoever on L in the coming weeks. They are probably allowing that there could be a little bit of a run-up in SP, but that it will subside after ASCO and then descend. But if this plan works, and we timed it right, we could force them to cover at the peak of the stock price.
If you don't hate the people behind AF and other bashers, and allow that they could be large hedge funds shorting, then there is something wrong with you. Seriously. WT...?
And who do I believe, my broker, or you? And if this plan has only a 10% chance of working, how could you not see that it is well worth the minor effort to implement it?
You have been on here for months and have not made the effort to learn the difference between DCVax-Direct and DCVax-L. But you make this great effort to interfere with this short squeeze effort. I don't get it.
Pyrrhonian has been on here for months, and has posted a Seeking Alpha, and has yet to learn enough immune system basics to know that under normal circumstances the immune system ignores it's native proteins and attacks only mutant proteins. Yet he takes the effort to interfere with this short squeeze effort and insults everyone trying to test this out, saying what idiots they are to not go out and do a minimal amount of reading on the subject. Ou chimes in and says that LP would perform the squeeze with all her share if such was possible. What? LP's shares are not part of the float. I don't think her shares would be available to begin with. And clearly they are not now, or the short pool would not be dry. Right? There are only 6M shares shorted, and only 50K shares available to the shorting pool. LP has XX Million shares. That doesn't make sense OU. You are smarter than that. Why pick now to become substantially less smart, just in time to muck up the works in this effort.
Why in the world do any of you think it is your business to interfere with this effort? Let alone make up inaccurate things to do so?
If you guys want to help with this effort, fine. If you want to steer it with good insight, fine. But quit making up things and throwing mud, and dropping your IQs in your posts on the subject.
Get out of our way!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
http://www.investopedia.com/university/shortselling/shortselling1.asp
"Most of the time, you can hold a short for as long as you want, although interest is charged on margin accounts, so keeping a short sale open for a long time will cost more However, you can be forced to cover if the lender wants the stock you borrowed back. Brokerages can't sell what they don't have, so yours will either have to come up with new shares to borrow, or you'll have to cover. This is known as being called away. It doesn't happen often, but is possible if many investors are short selling a particular security."
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