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Post# of 25175
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gogzilla

Re: 1Justin44 post# 5229

Sunday, 06/09/2013 2:19:53 AM

Sunday, June 09, 2013 2:19:53 AM

Post# of 25175
Whoever shorted the shares and didn't cover will be forced to buy in. Because they're going to end up with a loss, they'll try to cover at the cheapest available price, but if nobody wants to sell their shares the short seller will have to raise their bid to get people to sell.
For example if 1mill shares were shorted they'll have to buy 1mill shares which could make the price of a share rise very quickly.
This has happened before and is good for us shareholders IMHO.

When I see green on my screen.

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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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