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Re: Phantom Lord post# 26848

Thursday, 06/27/2019 7:25:00 PM

Thursday, June 27, 2019 7:25:00 PM

Post# of 34626
Thank You Phantom, I have been kind of obsessing over this why no short covering issue and I keep coming back to what you said and Occam's razor.
When you start eliminating the most "unreasonable" explanations, when you get down to the simplest explanation, it is usually the correct answer.

If the theory (of shorts/warrants) is correct (for the most part), then that info/insight actually helps my short term trading because it alleviates/reduces two "threats" I always face.

If I buy low (let's say $7), and it up to 7.40, it is always, do I
take the sure profit now, or do I wait and hope it goes higher, BUT,
if I wait, I have the threat of shorts jumping in and knocking it down
(before I can take my profit).

OK, so let's say I sold at 7.40 and now want to buy back cheaper. It
goes down to 7.10. I have the same problem. Do I buy now at 7.10, or
wait for 7.00, but if I wait I have the threat of shorts covering and
driving it up before I can buy back.

If I don't have to worry about EITHER of those threats because the
shorts are just locked up and just sitting, it makes short term
trading much less stressful, so THANKS.
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