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valleyboi0

04/09/10 10:51 AM

#13144 RE: laguna711 #13141

49s on deck. (!)
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WARHAMMER

04/09/10 10:55 AM

#13147 RE: laguna711 #13141

i am at work, but i can answer short form for you :)

the shorting has taken place and the mms have covered a little here and a little there so the continued shorting on higher volume will force the PPS to rise steadily, however there has been an increase in volume and usuall if the shorting is bad on those days it takes about 3 days for the mms to account for those shorted shares. the squeeze is happening now, but it gets worse for them and better for us the more time it takes when people continue to buy and not sell back.

does that make sense, major break in pps probably anytime between right now and mond tues wed of next week, so stay patient, you are in this at the beginning, which is excellent for you! buy and hold
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cogitoergo

04/09/10 10:56 AM

#13152 RE: laguna711 #13141

laguna711 ... yes, shorting has been going on for weeks, but look at the volume now. The were shorting a few million shares everyday, but because of the low volume, they could cover it. The last few days, they have shorted 137Million shares, and remember float is 197Million shares. I think you can see how difficult it would be to cover that many shares. Covering 2-3 million shares on a daily basis is not a big deal, but this many!