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Re: chensiona post# 4300

Friday, 09/17/2010 4:47:58 PM

Friday, September 17, 2010 4:47:58 PM

Post# of 34471
Well to be honest if they want to wait for a short attack and to buy on such a day I would welcome it. I surely don't want to wake up to see the stock 25% in the red like it was the case with UTA. So that strategy is not the worst in my opinion.

The thing that bothers me is the following. Let's assume that these guys buy 3 million shares within the next few weeks because the volume remains so high. And then? The shorts will just short it further, they have endlessly deep pockets it seems.

Look at the volume yday and look at today. Down 6% today. I also don't think that these guys really want to buy 3 or 4 million shares. Their float is way too small to do that.
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