InvestorsHub Logo
Followers 9
Posts 1141
Boards Moderated 0
Alias Born 04/11/2012

Re: Rule_62 post# 20633

Saturday, 11/17/2012 2:19:27 AM

Saturday, November 17, 2012 2:19:27 AM

Post# of 68424
It is no different for retail clients...your broker lends your shares..makes them available for short selling without telling you did you know that? Unless you register the stock in your name they can do this. Of course the shares are always available for you to sell but they are also available for shorters to short. When brokers have a low supply they go looking for them, this is how the brokerage industry works. The reason why VRNG is not $5.00 right now is because there are 12 million plus shares shorted and they will do what they have to , to protect their turf. Recently I have seen a shift in trading since the judgement went in Vrng's favour. Notice how bear raids don't work like they did. They still dump in a coordinated manner to entice selling and trigger stop-losses but now I see a pool of institutional money coming in. That list is going to go higher as the months go on. Let me ask you a question, where would this stock be without the institutional buying , relying mainly on retail? I say closer to $3.00 or lower.