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Friday, 07/27/2012 4:09:44 PM

Friday, July 27, 2012 4:09:44 PM

Post# of 120557
Calm before Storm.
The recent market rally is mainly due to huge short covering mostly by brokerage firms that are allowed to cover short position without the stockholders consent to prevent further loss. This is exactly what I expect to happen here when good news announced. I think the long wait has something to with a major deal and you should be prepared how to act. Considering short positions are nearly equal to the float, I suggest don’t sell anything below 6 to trigger the stop losses to kick in for cover @6 and above and take us to (00) and take profit when new buyers come to take a piece of the action.
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