InvestorsHub Logo
Followers 84
Posts 2321
Boards Moderated 0
Alias Born 10/07/2013

Re: jedijazz post# 19701

Thursday, 07/10/2014 9:49:06 AM

Thursday, July 10, 2014 9:49:06 AM

Post# of 34668
There has to be a large enough availability to short the shares. I think after yesterday's washout we should have seen a recall on all of those shares that were probably shorted from the strong pop on tuesday afternoon (I think that is what turned the chart purposely after we has such a textbook staircase up). This morning was a feint trying to see if there was anything left to shake loose. I think that shortage should give us a solid bounce today, but have to see consolidation levels and how quickly shares are made available for other purposes to go from there. I will be watching. :)
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.