InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,035.69
(
-1.57%
)
US TECH 100
16,888.40
(
-2.44%
)
Dow Jones
37,815.92
(
-1.49%
)
Brent Oil
85.90
(
-1.59%
)
Bitcoin
60,281.33
(
-5.57%
)
Post# of 91007
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

LJ Silver

Send PM Follow Ignore
Followers 48
Posts 5732
Boards Moderated 0
Alias Born 01/25/2008

LJ Silver

Re: phithebuilder post# 42023

Saturday, 01/18/2014 10:16:30 AM

Saturday, January 18, 2014 10:16:30 AM

Post# of 91007
Lets say IR has been naked shorting this stock and was 150 million short. We could have seen a cover here which caught everyone by suprise, including our typical in house shorters. Who needed to get the price back down to cover there own stuff after the run. Just a thought.
EDIT: And the 150 is my number, maybe 89 million who knows... I'm sure IR's plan was to hold this thing down until after the sale of assets and then cover at the very bottom of .0001 or at all. I don't think they were anticipating someone(mystery investor) covering the loan.
LJ

Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up