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Friday, February 15, 2013 4:07:11 PM
My guess is that the worm has turned here. But as you can see, it may not be a wild run up, yet.
Shorters may need more time to get out. Short Shares have dropped 32% and fallen 18,500,116 shares since last June.
Long Pressure, downward, appears to be weakening. For Shorters, it will take a more earnest effort to control the pps. That will cost them Short Shares.
More investors coming in with more cash in the hopes for a ride. At some point Shorts will be running out of short shares, and the the Hedge Funds holding CPST shares had better be out or wind up on the Short Side, and feeling the sting.
My WAG is CPST will continue to see a controlled rise as the shorters get out.
At some point there will be a capitulation, and we will all have smiles on our collective faces. :)
JMHO
Shorters may need more time to get out. Short Shares have dropped 32% and fallen 18,500,116 shares since last June.
Long Pressure, downward, appears to be weakening. For Shorters, it will take a more earnest effort to control the pps. That will cost them Short Shares.
More investors coming in with more cash in the hopes for a ride. At some point Shorts will be running out of short shares, and the the Hedge Funds holding CPST shares had better be out or wind up on the Short Side, and feeling the sting.
My WAG is CPST will continue to see a controlled rise as the shorters get out.
At some point there will be a capitulation, and we will all have smiles on our collective faces. :)
JMHO
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