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Post# of 82575
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hellcatjr

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hellcatjr

Re: Highland post# 42121

Wednesday, 04/20/2016 12:09:22 AM

Wednesday, April 20, 2016 12:09:22 AM

Post# of 82575
For a short to have meaning, it would imply that whomever executed the short was unable to cover their short. Which would require them to purchase all of the shares they were short back at market value. If the shares above happen to be thin, it can move relatively quickly.

This company just saw 1.5B shares or $260,000+ of shares hit the market for their merger with UMS? 10M shorted shares is less than 1% of the newly issued shares. It for all intensive purposes is meaningless.

My post is my opinion only. Manage your own risk.

Ut sementem feceris, ita metes



Ipsa scientia potestas est



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