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Pres46

04/21/15 7:53 AM

#3486 RE: ClayTrader #3476

First and foremost, I did not blame the shorts for anything. Yes, the front loaders from last week did dump. The dumping was not 100% of the issue yesterday. What happened at CNCT was the double edged sword because the frontloaders were going to dump and the shorts were counting on that all hitting and taking down the bid. IT was the perfect storm. That storm has subsided a bit.

On the other hand to say it was all dumping and no shorting is misleading. I showed the 28.88% short volume link. Nothing to hide here. There are millions of short shares that need to be coverred. No denying that.


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janice shell

04/21/15 4:14 PM

#3514 RE: ClayTrader #3476

But it is just so absolutely blatant in this one that it's hard to believe some people STILL want to blame the shorts.

People always want to blame Shorty. He's a convenient whipping boy, though he's rarely to blame for anything that happens with OTC stocks.