Saturday, June 13, 2009 6:27:40 AM
Once the hedges in Canada who are working with Mom and Dad parent in Europe get all of retail to toss in the towel, then there is no resistence to the upside. They have all the shares. That's why all this naked shorting of the stock offshore for over two years now. They have no accountability. Use the nakeds to get their actual multi million share short position covered. All it is....is....naked wash sales and mirrors left hand to right hand to wear everyone out....to get out. Yes, it is a multi million share short position held offshore. That way they can skirt reporting it anywhere. And being a hedge, it wouldn't show up anywhere, long, short, or naked.
However, they missed the mark and didn't cover their tracks. Now they are going net long. Watch closely as all of us turn bearish and then suddenly The Fab Four will be our biggest fans.
Then they can run it precipitously to the upside without anybody getting in the way.
It is coming. Just watch.
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