InvestorsHub Logo
Followers 3
Posts 467
Boards Moderated 0
Alias Born 09/20/2006

Re: None

Saturday, 08/03/2013 2:28:04 PM

Saturday, August 03, 2013 2:28:04 PM

Post# of 68424
I don't have a clue what this will run up to and neither does anyone else.

Most of the speculation I have been reading is possible. However, you do all realize that it would take special circumstances to occur.

The likelyhood of a major short squeeze is unlikely given the circumstances before us. We would need more than just an RR ruling. the RR will most likely not come for another 15-20 days considering HJJ's request and time frame he ordered. The share price would have to begin from a range above $4. With this time frame and given the amount of shorts I would say we sit back at 3.50 maybe even a bit lower in 20 days. This is all speculation but based on some facts as I laid out.

5.73 is where the shorts began ther attack and I would imagine that between 4.50 and 5.73 is the point at which the majority would start to feel the pain. They eventually will begin covering but if it is institutions on the short and I believe 90-95% of that is institutions. They have control and will remain in control until they decide it is time to jump ship. By that time they will have accumulated enough shares on the buyside to either start selling into any run or decide to let her run. Don't be fooled your are playing in the big leagues here with tons and tons of money on their side. They will make or break this stock. You have to play their game and on their time. Play along and let's see what they want out of this stock.

Looking into the future....

ZTE is what I think will be the catalyst to above $5. But the hearing isn't set until Oct. They will most likely not settle (if they settle) until after that hearing.

This has been the most frustrating stock I have ever been involved with. I see no reason why it won't stay that away. Big money is playing for shares here have been for a long time now. They will keep a lid on it until they are happy with the long position they have accumulated.

This doesn't mean that a huge increase in buying (20-30 million volume days ) wouldn't create the perfect storm but it will still be controlled by the big money. If they decide to start covering then it will be in incremental moves day by day They want to make money on both sides of the trade and most likely will.

I would like to see a two day squeeze of %300 or more as much as you all but it's most unlikely. They have so far been able to dissappoint most and anger them into staying away that is their game and it dates back some 50-60 years or more.

These are all my opinions and wish everyone the best.

Everything is IN MY OPINION!!!