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Re: RockStar1a post# 7439

Friday, 06/24/2011 8:04:39 PM

Friday, June 24, 2011 8:04:39 PM

Post# of 21090
While normally I discount any suggestions of a buyout or other behind the scenes deals, I don't see a rational exit strategy for the shorts with drilling in just a few months. Its hard to think anyone with $80+million invested as stupid or careless so I have to think either they know something we don't or don't really plan to cover the 20mil shares short but just hold down the share price for another entity. Actually its amazing that they had to short 20mil shares to drive the price to almost $3 and then could only hold it to $4.50. Covering 20mil shares in the market would put us $10+ overnight which is probably where we would be now if the market wasn't a rigged game. Shorting should only be for investors with a position to hedge - not a stock to borrow and create what I think is a form of legal naked shorting.