The short covering in itself will be enough to run up to the 52 wk high mark. There has been so much put on that side of the trade, it is going to be quite a show watching the mass's try to cover on a trade for trade basis. And come on lets face it, they will have to cover. That can not be argued. Whether its by choice or hopefully a full call to cover, they will need to cover and there won't be enough shares below .02 to get it done...imo
Now these games, as today, can continue for a day or so to get as much covered as the MM's can, but imo there is no question shares are going to run dry for them and its going to be like 100 hungry tigers in one cage all trying to get one piece of meat. Not going to be a pretty sight FOR THEM. I am much happier sitting "all in", with a clear support level firmly holding, and waiting for that show to happen.
And this is just one aspect of what I see the upcoming run consisting of. You still have to consider people who have been "waiting" to get in.
GLTA!! GO RFMK!!!
Again, just my own opinions and strategies. But already being 50% green with all my RFMK shares and running with CBI* from .01 to .23, before selling and then again lower, I will stick to with what I got going on here :)
