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Re: jacob1751 post# 10204

Wednesday, 05/04/2011 10:10:35 PM

Wednesday, May 04, 2011 10:10:35 PM

Post# of 38410
Shorting means you are betting the stock will go down, so it's good. Although it's not so bad for the longs if there is a lot of shorting going on and big news catches them with their pants down -- they have to buy back all of the shares that they sold (shares they don't have), potentially at a lot higher prices then where they sold them. That can help a run really take off all the more so, along with everyone else who wants to buy shares. With a small float and longs holding tight, shorters can lose a lot of money -- especially shorting a stock like this one! Let's roast any short stupid enough to short this!