AI
Thursday, October 07, 2010 4:16:55 PM
CCME- Joe, welcome back to the rank of longs for CCME.
I have a question here: Can you tell us the rationale that you think the "big money has a plan to destroy the shorts"? It would be great news if true.
I see a BIG battle of longs vs. shorts after buy back announcement. Judging from the fact that shorts are not successful over last two weeks (even with illegal tactics such as naked shorting,) i can see the longs is favored to win the battle.
From the chart below, I can "read" that CCME is being accumulated by all participants (big money, retail investors, and market maker). But I could not see the "big money has a plan" part.
If big money did/does join in, CCME would be in $15 and $20 in a week or two.
I have a question here: Can you tell us the rationale that you think the "big money has a plan to destroy the shorts"? It would be great news if true.
I see a BIG battle of longs vs. shorts after buy back announcement. Judging from the fact that shorts are not successful over last two weeks (even with illegal tactics such as naked shorting,) i can see the longs is favored to win the battle.
From the chart below, I can "read" that CCME is being accumulated by all participants (big money, retail investors, and market maker). But I could not see the "big money has a plan" part.
If big money did/does join in, CCME would be in $15 and $20 in a week or two.
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