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ZAGG Inc Message Board

  • mngtscrwdup mngtscrwdup Dec 13, 2012 11:24 AM Flag

    will the pop last?

    obviously a very good day for zagg, but the real question is whether this bounce will stick or will the short seller positions be able to turn the rally into another slide? if the short side has positions worth $50-70 million to protect they might be willing to fight the rise. or maybe this is finally going to be the short capitulation. my guess is that the short side puts it back down for year-end selling and that due to wash sale rules, the short side is in play until mid-late january. i'm also hoping for another chance to buy more at a lower price, but that may not happen. either way, i am long term very bullish on zagg

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