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irule

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irule

Re: seeker1 post# 720

Thursday, 11/20/2008 5:51:57 PM

Thursday, November 20, 2008 5:51:57 PM

Post# of 11567
When shorts "cover" they are BUYING shares...

So, what you're saying is that when the shorts stop buying back the shares they previously sold at a higher price, the stock will go up? That does not compute, Will Robinson.

When they finish covering their shorts, (assuming that shorters are doing the bulk of the buying now) the buying will stop, will it not?

When the shorts stop buying the price will drop, not "rebound."
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