| Followers | 19 |
| Posts | 1066 |
| Boards Moderated | 0 |
| Alias Born | 10/16/2003 |
Tuesday, July 29, 2008 2:29:51 PM
SIRI - 160 million short , about 12% of OS, 6.5 days to cover, and on the SHO list. That makes it virtually impossible to for the hedge fund to borrow the shares in order to sell them short. So the downward pressure is from nervous longs. Most shorts do realize that the bottom is in and are likely covering.
volume is already 10 times normal
Ok, so I talked myself into it-------- in at 1.60....LOL
"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa
volume is already 10 times normal
Ok, so I talked myself into it-------- in at 1.60....LOL
"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa
"You can't be a real country unless you have a beer and an airline - it helps if you have some kind of a football team, or some nuclear weapons, but at the very least you need a beer". F Zappa
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
