AI
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Wednesday, February 27, 2008 5:53:54 AM
Sound like any SHORTS GOT SQUEEZED HARD, VERY VERY VERY HARD.. COPI WAS UP 90% from the lows yesterday, so either this was false info, or I would imagine some brokers were on the phone demanding much more margin, because 10 x the position has to be put up for collateral, so poor shorters had to come up with 900% more margin or have forced sales.
Posted by: extra
In reply to: cargo_hauler who wrote msg# 29132 Date:2/24/2008 9:58:38 PM
Post #of 29486
We shorters will buy more copi's tomorrow than any long...
Yep, I imagine the SHORT SQUEEZE would have caused any shorts at that level to COVER the past 2 days... So you shorters probably did buy a few COPI shares, because of the MARGIN CALLS!!
As we cover, at .0201 at the end of the day,
after shorting, as soon as the market opens.
Well, let's just look at the last 2 days trading and see if that happened...
Remember 100% wipeout for shorts with a double and YOU SAID YOU WERE SHORTING THE OPEN
Posted by: extra
In reply to: cargo_hauler who wrote msg# 29132 Date:2/24/2008 9:58:38 PM
Post #of 29486
We shorters will buy more copi's tomorrow than any long...
Yep, I imagine the SHORT SQUEEZE would have caused any shorts at that level to COVER the past 2 days... So you shorters probably did buy a few COPI shares, because of the MARGIN CALLS!!
As we cover, at .0201 at the end of the day,
after shorting, as soon as the market opens.
Well, let's just look at the last 2 days trading and see if that happened...
Remember 100% wipeout for shorts with a double and YOU SAID YOU WERE SHORTING THE OPEN
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