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cavalier65

04/14/10 10:33 AM

#16082 RE: DR right #16078

I hope you are right. The squeeze guys were thought to be in trouble, too. The only folks who appear to be in trouble are those of us who piled on a bunch of these shares and held. But I will continue to hold and hope some kind of bounce comes.
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Run The Option

04/14/10 10:38 AM

#16093 RE: DR right #16078

Shorts are not in trouble. MMs kept shorting as the PPS went up. Now the PPS is down over 60% in two days. Gives them plenty of room to cover now that the buying pressure is anemic.

This is why you ALWAYS sell half when you are up over 100%. Don't get caught up in the unreasonable expectations of others. I may have watched profit shrink, but I certainly did not watch it disappear.