Replies to post #2742 on Electronic Cigarettes International Group Ltd fka

[hunterj20]

In regards to shorting, I can tell you that they were shorting and then covering minutes apart. Some were for days, but once they were covering massive amounts of shares, they then have them to re-short. They had a large cover, then used them yesterday to attack with, IMO it wasn't enough shares to cause a large pps growth. Unfortunately there are plenty of scared people selling into the covering!!! Supply sometimes goes up when pps goes down. They were correct to short, as I see they were covering a lot on friday and still was able to keep dropping it!!

[z_deville]

my theory is even if they have to cover and the pps goes up...they don't mind losing money covering. They achieved goal bringing the price down and getting $11M worth of shares at a low pps. Also if they start covering and raise the pps, their new shares are going to be worth more.