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Friday, May 22, 2015 4:12:00 PM
This morning they made a sincere attempt to take the share price below $4. It failed.
Near the close, they made a real attempt to see that the shares closed at a loss for the day. It failed.
If they lose the ability to control the price, it marks the beginning of the end for them. At some point you have to wonder if they are not here just due to stubborness. If you are looking to short a stock, is ANY really the best one you can find. I really doubt it.
One of the favorite sayings of shorts when a stock makes big gains and they want longs to sell is: "Pigs get slaughtered".
Works both ways.
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