Recent

% | $
Quotes you view appear here for quick access.

Towne Bank Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bobforaps bobforaps Jul 22, 2008 4:34 PM Flag

    Shorts will be eaten like soft-shelled crabs!!!! (Part 2)

    It is probably not good to interrupt the entertainment with facts but the lawnmower broke down and I got on the computer to see about this short theory. Seems the short position is a fraction of one percent of the float and would take 3 hours to cover based on ave. volume. Looks like the short theory needs better legs. I am confident some will be created.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Reality does not exist here for the clownduo- dipwads...but realty is just around the corner...the chicken s#%& longs who recently sold out are chasing to get back in 'cause the bottom is FINALLY in...hahahahahaha....the only existing fundamental bull case here is short covering..nothing else.......its hahahahahalarious......VaS

    • "Seems the short position is a fraction of one percent of the float and would take 3 hours to cover based on ave. volume."
      ***********

      Not true:

      1. There is no real "float" in TOWN.
      2. Short data you are looking at is too old (end of June is last published).
      3. Average volume is much lower than realized, since Russell buying balloned the average.
      4. Naked shorting increased counterfeit shares exponentially.
      5. TOWN is still on Reg. SHO list.
      6. Call your broker and ask if TOWN is "shortable."
      7. Buying exceeded selling almost 3:1.
      8. After the close, someone "short" puts in a sell order everyday to make the AH quote lower.
      9. TOWN wants to lock in these gains, so news will be breaking soon and shorts will be worse off if they don't cover now.
      10. Bobforaps is nice guy...but he just understands trading on Wall Street ... not High Street. TowneBank has "high street cred." Get it???

 
TOWN
21.55+0.47(+2.23%)10:42 AMEDT