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Alias Born | 10/17/2012 |
Monday, June 22, 2015 11:20:41 AM
For a real short squeeze to happen ( I mean the Anaconda type that absolutely decimates shorts) 2 things must happen.
1. Shorts must realize that their short thesis is no longer valid.
2. Longs have to be GREEDY.
I think #1 has happened, at least partially, and there is no reason to believe it won't spread like a California wildfire.
So the rest is up to the longs. Like many here, I have a core position of untouchable shares and then a lesser position of trading shares. Usually when a stock has made the percentage gain that ANY has in the last week, I would be reducing my trading shares. NOT NOW. No short will be able to get ANY share from me until they have to pay me AT LEAST $10. That's my pledge. And I expect to continue adding shares as possible.
So Mr. Short, if you want some of my shares under $10 you will have to rip them from my "cold dead hands".
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