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Re: bhinde99 post# 6507

Thursday, 05/19/2011 12:49:35 PM

Thursday, May 19, 2011 12:49:35 PM

Post# of 63122
Lets put it like this....


My numbers are general looking at prior resistance points as a basis.

That said it could be a case of chicken. Who shows their hand first. The shorts are the ones stuck with unlimited losses and margin calls. Not us...

We can wait them out, but my gut tells me, there will be some buyers here soon enough to push the issue....

Its tough unloading 150 - 200 million short shares...

2,000,000 on the ask and my bet is its a short seller....

The ask is thin and the bid is stacking up nicely..