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Re: twitchey01 post# 40975

Saturday, 04/19/2008 1:52:00 PM

Saturday, April 19, 2008 1:52:00 PM

Post# of 141760
Exactly...the magnitude of the squeeze is dependent on (1) the ratio of short shares to outstanding legit shares and (2) the time period in which the covering happens (the shorter time period, the higher it goes quicker). And the third variable is the momentum piece. If the momentum starts and is fueled by more momo players, the top is even higher.

How high will this one go? I don't have a clue.....

Edit: My recommendation: Sell small chunks into the upward swing, and at the ask or above as it climbs.

When everyone actually IS out to get you, being paranoid is just smart thinking.

Moe