Tomorrow they have 275 million they need to cover right?
Mon:
20100405|GMSC|30,571,667|263,891,862|O Price .0001-.0002
Total short 30 mil + days past unknowen I am calling it 30 mill
Tues:
20100406|GMSC|99,539,044|292,757,875|O Price .0001-.0002
Easy to cover the 30 mill from day before. Total short 99 mill
Wed:
20100407|GMSC|54,758,042|393,597,553|O Price .0001-.0002
Easy to cover the 99 mill from day before. Total short 54 mill mill
Thurs:
20100408|GMSC|275,408,172|363,580,774|O Price .0002-.0004
Easy to cover the 54 million. Total short 275 million
Fri:
20100409|GMSC|62,031,457|182,283,785|O price .0002-.0004
Not able to cover the 275 million without a loss. Total short 337 million
Today:
20100412|GMSC|36,515,000|80,905,000|O Price .0001-.0002
Not enough volume to cover the 337 million, and only 50 million in volume not shorted. If 50 million used to cover and 36 million shorted then total short 323 million
If we get enough buying pressure and no selling then they will start worrying about the cover. If they are able to celler box us we could lose this war