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Rkmatters

08/22/15 8:45 PM

#38976 RE: Ready4bluesky #38956

Ready, I think they've been covering these last few weeks during the drop. Stock moves through support and resistance ranges. Positions are opened and closed and opened again at lower price points or at higher price points depending on whether those supports or resistance look strong. On spikes down near support they cover. On test of upper resistance, new short position. Short stats stay the same. The shareholders who sell as stocks are falling essentially help the shorts cover. It's not a hold a position for years, it's a trading thing.