InvestorsHub Logo
Followers 1
Posts 94
Boards Moderated 0
Alias Born 12/15/2008

Re: Grozny post# 73119

Tuesday, 09/21/2010 9:38:33 PM

Tuesday, September 21, 2010 9:38:33 PM

Post# of 103302
It depends on a few factors, but if the market price opens tomorrow 50 - 100% up from the close then the shorter's will be called. On most margin accounts, once the 30% thresh-hold has been passed, you will be required to cover the debt. There may be a few unhappy MM by 10 tomorrow.

One more point - When the shorter's begin covering, the stock will re-act in a big time upward trend. I would thank that the stock will be somewhere around 14 to 25% up near the open. You will then see the shorts start covering and once that begins, the stock should go up 50+%.

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.