They can see whats coming....Smart move....Todays movment was a very bullish signal...slight consolidation on thursday and then right back up to the 52 week high, we are very well set up for next week...decreasing the short position was a no brainer after todays move, we should see more more covering on monday....
Thank you. It's encouraging to see the turn-around in short position. Can you please explain a puzzle? Last week a poster wrote that it was almost impossible to short pennies because only one broker would accept short sale orders and he charged so much for the service that it was uneconomic. So it's hard to understand how short poistions are created even on the modest WDRP scale.(Last thing in the world I would contemplate, but just curious)
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