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chilar4567

01/07/07 10:53 PM

#31623 RE: momentumtrader #31622

momentum, I remain unconvinced that anyone in their right mind didn't cover at the .0055-006 area. However if not, I'm all for the fireworks, including anyone shorting in front of this rolling freight train.
Just look at the # of posts today (Sunday is usually dead with football etc talk) here and on RB. Also, lurkers are coming out of the woodwork. IMO the cocktail circut has been buzzing as well. I've alone influenced 3-4 additional buyers ( not including myself)

MrPastorious

01/08/07 9:01 AM

#31637 RE: momentumtrader #31622

i think that will only happen with audited financials. The NSS if there are any, will probably continue to average up their shorts. the one problem with saying that all shorts will cover is that they will be replaced by other NSS at higher prices, which will add stock supply to the equation, as the stock moves higher, you find other NSS to replace the covering shorts. Thats the problem with the "goes to multi-dollar" theory. Unless there is policing of the laws, there will be nss.