Digital Brand Media and Marketing Group Inc (DBMM): Well, the price is certainly low enough...

Digital Brand Media and Marketing Group Inc (DBMM)

Reply Private New

Replies (4) Next 10 Prev Next

Send PM Follow Ignore

Followers	45
Posts	14038
Boards Moderated	4
Alias Born	01/11/2004

Jetmek_03052

Re: None

Tuesday, 12/20/2022 10:30:55 AM

Tuesday, December 20, 2022 10:30:55 AM

Well, the price is certainly low enough so that anyone having a huge "naked short" position would be getting rid of it NOW. Either that, or some must think the NSS crowd is waiting for higher prices to cover? HA! Now thinking like THAT would not be rational. So....

Time and time again, it's been said here that "shorts are nervous", "shorts are on pins and needles"....things like that. So, it's been assumed that those holding these massive "naked short" positions have been intently watching to see if the CE drops. Well....it has.

And what are these people who supposedly hold these HUGE naked short positions doing? Looks like not much. Either the naked shorters are sleeping, or there are very few of them (if any).

Granted, it is early. It's only been about an hour since the market opened.

But again - to think that these naked shorters are waiting? WHAT are they waiting for? Higher prices to cover at?

Still waiting to see it.

Bearish

I keep telling myself....deep breath....count to ten....try to answer without personal attack...if available, always try to present fact to back up your opinion.