InvestorsHub Logo

doggone

07/30/10 5:33 PM

#24216 RE: Oz the OK #24215

Oz, you are correct. at the moment of the split all remains equal. Shorts can only cover lower if the assumption holds that the SP will continue to fall after the split. To your suggestion though i agree, it almost always does! However, I do not believe that pinks are heavily shorted by anyone, hedge or else. Dog

dollerz-yo

07/30/10 7:52 PM

#24220 RE: Oz the OK #24215

Excellent post OZ. Very informative and very well summarized, should be stickied on all penny boards, I'm not kidding. Have a great weekend!