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Post# of 34471
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marchjuly

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marchjuly

Re: joenatural post# 24988

Monday, 03/14/2011 5:35:32 PM

Monday, March 14, 2011 5:35:32 PM

Post# of 34471
The worst has happened and lets face it.

Lets hope the investigation reveals the issues are not really that bad. Also remember when it resumes to trade, people will try to get out; but there are also 7M shorts, at least some of them will cover, especially that no shares are available to short as of now and the borrow rate is >90% as shown at IB!!!

So when it resumes to trade at low price, there are significant number of shorts, as there are not so much "meat" left, they will cover and leave!
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