Thursday, April 13, 2017 3:31:42 PM
1% to 100% support still leaves you with a minimum of 120 pockets to reach into. What you have are many investors adding shares based on the current value.
The idea this is one investor is simply another attempt to invoke fear across 12,000 investors.
All you have to do is compare the 12,000 investors to how ever many investors are 'short' this stock and you begin to understand the significance of "days to cover" the 1.6 million short shares.
Let's be generous and say there are 12 investors short this stock, that one tenth percent of the 12,000 investors.
Portraying this as a single investor under siege is laughable. It's actually quite the opposite.
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