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Re: kron7777 post# 4164

Friday, 01/25/2013 1:36:53 PM

Friday, January 25, 2013 1:36:53 PM

Post# of 47873
Once again, you're right on the money in my view - especially here:

"I am not saying Platinum is selling, what I am saying is if there is an entity that has a reason to sell (or short) – it only can be Platinum. No one else would short this stock as a long term play as some posters suggest."

They're not selling out their position, but I don't begrudge them their right to lighten up if they choose to do so for whatever reason. And if weak-kneed retail investors get nervous and sell, Platinum could even buy back lower if they wanted to.

"maybe they need to free up some capital for other investments."
This has been known to happen!

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