Hey Mike -- highly respect your courage in advance of earnings next week and a sector which has been gaining momentum. Good luck with the short-trade ...... let us know where we can send you a little grease for the FTK bone you're likely going to take. Although we're runnin a little low ... based on all the other shorts wh have preceeded you!! - Tom
too funny. But you are spot on. The short position is still high, sector is gaining additional momentum versus the overall market move and earnings are coming forward. Wow, it would take courage to go short at this point as the shorts have been feeling a lot of pain -- especially with the micro-fundamentals so strong with this undiscovered GEM. Because f the smll float the shorts tried to manipulate FTK over the past 12 months. They were successful for a period - however, now they have no "fuel" remaining and the large short position needs to be closed out -- but micro fundamentals are even stronger than the macro-fundamentals. GOING SHORT NOW DEFINITELY REQUIRES SMALL BOLDNESS -- but more likely a wild "gambler". We've been going long since the 7-8 range and won't pre our position until $17-19 range (if reached in next 3 months).