Real bears are part of the " game " and they bet on a pps going down the same way bulls bet on a pps going up.
The problem is the NAKED STINKY CORRUPTED SHORTED SHARES.
28% of yesterday volume were naked shorted shares.
Allowing somebody to sell shares he doesn't have, it is already hard to swallow knowing that your stinky broker could do that in your back.
But, allowing somebody to sell shares that don't even exist is beyond understanding.
So, next time you receive an email from your broker asking for a feedback, tell him the truth and write down your thoughts in your answer. Up to you to add few F word in your email.
Now as far as DRYS, supply is greater than demand, because of the offering. However compared to last week the demand increased and few people are really loading a nice position. My bet is they don't do it for a double....much more.
GLTY