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Traderfan

09/13/10 11:07 AM

#3888 RE: inapdave #3887

Well that's another point and as you know I have never argued about that in fact I often said the price action is a mystery for me.

But that doesn't mean that todays news over at DYP was bearish. In fact it was bullish and that's all I wanted to point out since you implied the opposite.
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pmony5

09/13/10 11:14 AM

#3890 RE: inapdave #3887

You don't think the Institutional support hasn't been apparent ? They gobbled up millions of shares and stock price hasn't breached June lows despite the float expansion over 3 million shares via shorts. They are running out of ammo as cant borrow shares easily and paying higher n higher interest to borrow. I think this is coming to a head soon either the shorts will try a knockout blow via some smoking gun or CCME will come out with something to support credibility .... either way cant short 500K shares every 2 weeks forever...