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BioTelemetry, Inc. Message Board

  • chipin8511 chipin8511 Jul 2, 2009 11:15 AM Flag

    WHO IS SELLING

    must be total idiots!!!!! Mkt maggots playing games low float!!!! When they get there shares KABOOM she flys up..I am scaling in!!!!

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    • Yep... Haven't been following this co. much but it seems basically strong. These type of dips after ho-hum reports from strong companies generally last 1 1/2 days. That would mean a hill climb this afternoon. Very light trading before 3-day weekend will subdue that somewhat. Still, why wait to get in on the new bottom? Looks like almost buying time to me... (it's 11:35 now).

    • If I am a shorter, I will have two or more accounts and I will have a way to distinguish my shares being traded in each account.

      I short sell 1000 shares from one account for $9.3 and buy on the other account for $9.3. My other account just bought a non existent share. Now I sell the 1000 shares from the other account to the first account for $9.3 - this way I already covered my short sell. Now, I can short for a lesser price.

      Until there are no new buyers, the shorters can play a major role in triggering this baby down. If there are new buyers who buy my shorted shares, then I will have to buy higher to cover.

 
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