Back to the shorts, the official Finra short data release for December the 15th T=2 price was $7 and there were 18.5 Million shares short. Folks they sold 1.5 million shares over the past month and as of today those 1.5 million shares sold (80k shares per day) they held the price down 5 Cents Per day. Currently $6.14, can you imagine if they did not sell those 1.5 million shares (oh and make no mistake about it they will have to buy those shares back)
Are you know instructing us guys that shorts are bad? _________________________________________________________________________ x said "Do you guys literally not understand that you can purchase more shares when the price drops? Do really want to own less shares than more shares? Over the long haul the shorts providing discounted shares is of benefit to the longs that are buying them."
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