Tuesday, December 08, 2009 10:46:51 AM
No-- the shorts have to buy to cover....
What's massive is the company selling at bid for shorts to cover. They don't protect the PPS as they only care about self funding.
If they hold tight, which they don't, then lets the shorts buy at a higher price. AGAIN NOT HAPPENING.
L2-- A lot of it is getting a feel. Now there is simple too many shares trading post reverse and company is diluting. Follow the small buys to pump up price. Follow the sells at the bid. If you have multiple bids (all same) lined up, the company will take them out to fund.
Put out news and make folks buy on the ask and the PPS breathes and rises but you need patience. This does not happen.
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