Well, the key to breaking this short right now IS VERY VERY STRONG BID SUPPORT. If they can't whack those little blocks accross the bid to lower the price down, then they are done for. This is going to require a fairly substantial amount of money at this point stacked like cord wood on the bid.
Example:
etmm @ .27 x .275 NITE
ubss @ .27 x .275 Etmm
Nite @ .27 x .28 Hdsn
Look, without bid support we really don't have a chance on forcing this cover. They can come in, whack small blocks on the bid and attempt to walk it down. The bid support needs to be right up on the ask, multiple market makers if possible with substantial shares for buying on those orders. Prevents the walk down. Then take a few folks slapping the ask (so they are selling air shares) and they will uptick on very small hits. This IMVHO is how we will force this short to cover soon but it's going to take a very large position on the bid. If the MM's uptick the ask, then the bid support should follow that uptick immediately............ We can win this war, but it comes down to money really and time. If the MM's are trying to wait this out then they stand a chance to walk it down eventually when our money runs dry. If he hit them, hit them hard then it may force them to cover sooner............
Thoughts anyone?
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