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Re: mauiguy2 post# 1568

Thursday, 01/13/2011 1:30:16 AM

Thursday, January 13, 2011 1:30:16 AM

Post# of 1675
The shorts who shorted sbay from the $11.00 range down to the $5.80 range and held it down there long enough for all of us longs to average down, have shorted at least half the float. I fallowed the volume from $5.80 to $9.50, the volume total was 1.2 million. When the first hedge funds started buying in the other hedge funds and retail shorts started to short like mad to try to prevent from being squeezed. They slowed it down to a stop at the $9.50 area, and then lost control. And I have been seeing a ton of shorting every day since as the price is rising. You guys shorting right now better have twice as much money as the original shorts did in order to stop the train, cause you are able to borrow more shares at a lower price than a higher price. The squeeze started because the original shorts didn't get hardly any shares from the longs. We didn't sell for a loss, we averaged down. The original shorts shorted at the low because they wanted to trigger everyones stop losses while everyone was gone at work. But, all the longs didn't have stop losses activated because of the low float of 2.5 mill. We knew sbay moves arround. You shorts can't stop this squeeze because the original shorts, shorted too heavy too hard in the first place. And they are starting to buy in now at the $14.60 range, and they have to buy in more shares than you guys can afford to short. You new shorts will just get snow balled into the train wreck. Just keep shorting to find out.