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Re: posilock post# 9432

Wednesday, 06/25/2014 11:02:47 PM

Wednesday, June 25, 2014 11:02:47 PM

Post# of 140474
I agree. People (money managers and or other professional money managers like hedge fund managers) are shorting the stock after a big run and they are shorting hard – especially if they have the warrants to cover the short as a worst scenario.

If they take the momentum out of the stock and the share price drops further, they buy in on the open market to cover the short – if the price holds or rises, they simply exercise their warrants to cover the short.

Long and strong