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Rainmaker88

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Rainmaker88

Re: Toxic Avenger post# 3052

Wednesday, 08/08/2012 6:09:36 PM

Wednesday, August 08, 2012 6:09:36 PM

Post# of 8799
Hmmmm. Very interesting, Kezzek.

VERY INTERESTING !!! (wink, wink)

The short position has been high for several years now. The fact that many went short in the multi-dollar range and still haven't covered at 40 cents suggests they're not concerned.

It may be people holding restricted shares or shorting against the box when a buyer comes up willing to pay.

With so little apparent covering, it suggests they expect the price to go lower. Which is my expectation as well.
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