SHORTS......No need to cover. This "TURD" is heading into the 3's at this rate of deline. See you there
Another 8% plus drop today :-). It's OK longs, the pain will end eventually. Shorts will cover and the bleeding will stop at some point.
Just keep in mind, 3M shares went for $2.00 per share just before data release. That fact along with this stock popping into the mid 7's, I'm sure many longs wished they had dumped and gone short.
Sorry, but there is simply no reason for SHORTS to cover with the down trend still in tact.
RG