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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
86.98
(
-0.40%
)
Bitcoin
54,340.00
(
-4.61%
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leagle

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leagle

Re: captainhaddock post# 471

Thursday, 07/01/2004 10:14:30 AM

Thursday, July 01, 2004 10:14:30 AM

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GXXL - brilliant part of this distribution is not the value of the distribution as it is tough to quantify right now.

Rather it brings out the naked shorts who will be forced to cover. Watch what happens when this goes over a penny. The naked shorts who felt they never would have to cover, will start thinking - "geez what happens if this does go to .25. We're talking serious bankruptcy issues for many of the naked boiler room outfits."
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