Liberty Star Uranium and Metals Corp (LBSR): Personally I don't believe in short sque...

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Re: PURA VIDA post# 129439

Friday, 08/09/2013 1:07:25 PM

Friday, August 09, 2013 1:07:25 PM

Personally I don't believe in short squeezes for penny stocks. Whenever brokers or MMs have had to cover a short position on a stock they simply manipulate the price down and cover. The only time real short squeezes actually occur are on big board stocks, and generally it's traders doing the covering. Brokers and MMs cover by manipulating prices downwards or holding back the price so they don't get burned.

I don't see any pressure to hold this back, unless there's that one-off MM who's left out of the game trying to cover. Most likely it's an uninformed trader who made a 100% gain and sold off a few minutes ago.

JMHO

If you don't have a set of these you best put your money in a CD.

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