InvestorsHub Logo
Followers 1
Posts 8
Boards Moderated 0
Alias Born 01/12/2011

Re: None

Tuesday, 06/28/2011 5:28:22 PM

Tuesday, June 28, 2011 5:28:22 PM

Post# of 1675
The longs are on steroids at this price. Shorts are very weak down here. Just as the longs were weak to defend at higher prices. Longs should buy at the bid in order to allow other longs to buy cheap too. Longs don't push the price up. Let the shorts do that. We are strong down here.
The shorts don't want to take the price lower because then one long can afford to buy the whole float. Collectively the longs all together can buy the float at this price though.
All longs should buy to average down. If the shorts want to hold the price here, then let them. The worst part for the shorts comes next as they try to cover.
Longs, don't sell cheap. We get to name our price. The shorts have no choice but to pony up on their short position. The shorts need shares as bad as they need air to breath. Sbay shot up to $15.00 the last time the shorts were squeezed.