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Tuesday, April 21, 2015 5:43:44 PM
In effect, in it means either the regulator is taking its time or that the short had largely covered on our last run up. You remember when the open letter to shareholders was written in mid February and we suddenly saw extremely large buying volume and were wondering where it was coming from? Well, who read the open letter? Many new investors skimming PRs? No, primarily existing already invested or interested shareholders AND of course the short! Same as ANY sane investor who was liquid at the time started buying again, same the short may have smelled what is coming in the future and have been accountable for a large part of that volume at the same time, covering. Just look at the huge sudden volume after the open letter...
Happy for others to weigh in with their views, but at least if thats reassurance, we NOW might finally know that the short felt uncomfortable then continuing to hold a large naked short position in ANY anymore...for very, very good reasons...
Another way of putting it, IF the shorts would have been as confident as they always want us to believe they are, contrary to many longs who are putting their money where their mouth is, why do the shorts seem to largely have bailed on their short bet?
![wink](/images/emoticon03.gif)
Simple question with a simple answer I believe...
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