InvestorsHub Logo
Followers 10
Posts 1665
Boards Moderated 0
Alias Born 03/25/2004

Re: Headley Lamar post# 2895

Wednesday, 08/18/2010 1:38:59 PM

Wednesday, August 18, 2010 1:38:59 PM

Post# of 34471
There is still those 2+M short shares out there. The shorts are praying for,one, the Chanos predicted collapse of China and, two, counting on institutional investors not buying everything that hits the trading floor in the area of $11.00. I believe that they are both working against them. China will control thier economy and grow at a minimum of 8%. Current institutional holders and new ones are buying and are not looking for shares at sub $10.00 and are willing to buy them right here. That, eventually, maybe next PR, next acqusition, or next quarterly, will result in the also eventual short squeeze to $15.00.

But what do I know. If I were you I would seek guidance from the Governor.

Join InvestorsHub

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.