Yeah, and if that is the case my thought process will be that this was a huge missed opportunity (the squeeze) but I will be glad to have a 2,000 pound gorilla off of our back (lying, nagging shorts) and can enjoy a more stress free endeavor to a fair valuation. I think if the short numbers were to drop off a cliff and remain that way, we will be more likely to get the next run up on a huge wave of institutional buyers that were reluctant to take a strong position given the CITRONS of the world had committed so much.
CCME was kind of like a nice house in a bad neighborhood. Sure the house is nice, and maybe the owner has a good job and can afford the payments, but sooner or later he is going to get robbed. Hopefully now that we have been robbed, Jacky will buy a 30 million dollar alarm system that will deter any other would be bottom dwellers.
