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Re: TICKERTALKER post# 31139

Wednesday, 04/27/2011 8:40:28 AM

Wednesday, April 27, 2011 8:40:28 AM

Post# of 53780
People just assume that this will be shortable-I think it won't. The cost to borrow will be in the hundreds of basis points-it would be to risky-kind of like the SLV trade going on right now. If anyone saw the increase in cost to borrow noted by GS it went from 70 to 300 basis points-hence the squeeze. Too little float and for those that do trade professionally...you know the risk/return on float that low to expect a 50% drop vs/ an infinate upside gain leans toward avoiding a short side trade-unless your a pure speculator/gambler. Lets get to the NAS first then see what happens...May 4th is what I was told the announcement on the results will be...GLTA
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