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Re: cfgjr post# 6089

Friday, 10/29/2010 3:44:37 PM

Friday, October 29, 2010 3:44:37 PM

Post# of 34471
Unless my logic is flawed, the fact that there are so few shares to short seems to support my assumption that the short interest has not declined at all, or at least very little. If millions of shorts covered there would be endless shares available to short, no?

I actually suspect that we are close to 5 million right now. Just like we were adding at the bargin bin prices of $8-9, the senseless shorts see $15 as a bargin bin price. The Yahoo! message board is still going nuts with shorts claiming they will cover in the $10 range. FWIW I think they are off their rockers and I will gladly take all of their money.

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