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Re: flipper44 post# 37531

Wednesday, 07/15/2015 11:36:37 AM

Wednesday, July 15, 2015 11:36:37 AM

Post# of 725113
From Michonne on YMB about NWBO

I'm sure a little retail guy holding 200 short shares at $9 or wherever isn't happy! But they lack skill. Obviously, they're not professionals!

The short interest grew mostly at prices above $9. Our basis is now in the low $11 range. You cannot tell where a stock will trend and so must evolve strategies per basis, such as if it trends up in x window of time to y price points our spread is this, etc. I wanted this stock to go up because it would create a situation where before data we would have more shares shorted than other movements. The increase in pps causes the theory that a short is good to become that short is GREAT.

Branko already said he was willing to buy it up to $13. You cannot wholly rely on such things, nor know to what extent other factors are at play, and so a strategy evolves that considers that as only one leg.

You are all far too simple =)

I'm hoping we can average in the $12 range with a much higher % fr the fund allocated short NWBO!

Keep buying muppets! Keep buying Branko!! LOL


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