InvestorsHub Logo
Followers 26
Posts 3276
Boards Moderated 0
Alias Born 02/03/2005

Re: Krombacher post# 332579

Wednesday, 10/16/2019 10:30:02 AM

Wednesday, October 16, 2019 10:30:02 AM

Post# of 362489
However, the first group of short sellers should ABSOLUTELY take advantage of the edge they have and start covering ASAP.

You must think your imaginary short sellers are unusually stupid. In my years it seems that short sellers are normally ahead of the game. I think you underestimate these investors.

If there were actually short sellers they would have covered long before now. Too little gain left to be had...why would they risk the doom you like to predict for them.

Lets say that a short seller shorted at .25/share...or .15/share... and need to cover 20 million shorts. IMHO They could easily cover at .02 if they thought they had to... and still make a killing. I'm quite sure there are plenty of minions that would be glad to sell at .02 at this point. But almost no volume and price still at .0002.

I understand that the above quote was aimed at trying to coax your imaginary short sellers to cover while they can....but if they needed to cover....IMHO they already would have. Your coaxing hasn't worked up to now...and won't work going forward IMHO. Why??? No short sellers.

Badog