Be greedy when others are fearful.Face it, the short interest climbed less than 2M last time reported. The sellers are just weak hands being shaken out.
And remember the shorts are the smart money and always know in advance when a company is going to file BANKRUPTCY.
You are disgusting. Your one aim is to push SVU down with mindless dribble. Wait until earnings April 10
sjsrhs you have called for bankruptsy in this and many companies and are ALWAYS wrong. Thanks for the worthless insight.
You're so full of BS. It's organized crime, not intelligence.BTW, another bankruptcy for a unionized company will be anther black eye for unions. It won't happen here.
For those that already have shares :Place a GTC limit order to sell all your shares at say 9 or 10. Thiswill reduce the number of shares that can be lent out to be shorted.
And it helps offset all the buy orders (shorts covering AND new longs) just below the bid. All those buy orders BELOW the ask actually hold the stock down. Oldest trick in the book.
I and others did this a few days ago.Thanks
GL to you. This is when you buy. I hope you do well. I am getting slaughtered. Still holding after a $2 loss x too many shares to mention.
I started buying yesterday. 50k now, but I like $5.50 and may add more. Money will pour into this when it's pulled out of others. The earnings release should answer most questions on the true direction.