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Friday, December 10, 2010 5:13:59 PM
The shorts(no matter how they are calculated) remain in 75 -90% range for weeks -I've never seen this before.
In all other cases with shorts even close to this percentage it has resulted in a massive short squeeze, for example raising price from one half cent to twenty cents over several days. I've never shorted-would rather bet on success than destruction.
Can somebody explain the rules re how much time these shorts have to cover. Etmm seems bent on bringing this down so shorters don't lose their shirts,which again brings into question rules requiring cover within either 1 or 3 days.
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