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Rubicon Technology, Inc. Message Board

  • uniqema uniqema May 17, 2011 9:10 PM Flag

    You could write a book about this

    But I don't think anyone has. I'd love to know how it really went down (literally), as opposed to all of our theories.
    Anyway, my theory is that the shorts have no viable exit strategy. With such a low float, how are they going to buy 8 million shares without having the share price rise dramatically? They're obviously scaring some longs into selling, but volume is low. A few high volume buyers would be tough for them to fight - wouldn't it? I plan to sell in the 30's or low 40's (I'm not greedy) and I think that will happen soon after the overall market starts to pick up.

 
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