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Monday, November 23, 2015 1:52:04 PM
There is no deeper analysis though. It is as simple as almost all shares are held by insiders at this point and almost all of the available shares were shorted, after the company said it was liquidating, so no one sold and everyone had to cover. Including major brokerage firms and other funds. Once margins were called a lot of fresh shares came available to short AND then a bunch of idiots figured $hit it has to go down and got suckered... again and again.
Until the insiders and Martin decide to sell... there is no psychological component of this other than a bunch of idiots not thinking things through. If 70% of a company is held by one dou$che bad and 22% is held by I/O... don't short it.
Oh... and some smart people realized this and bought and flipped. Must give credit there to.
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