End of the road for the NAKED shorts....they are starting to cover slowly and quietly by my indicators until the real big buying comes....soon..will not go below 14....you will see...shorts are covering and the party is over!
What dont you understand??? There is no naked shorting going on. Shorting is not bringing the price down. The stock sucks and people like me and you who bought the stock in the 20's and late teens thinking that was the ultimate bottom are recouping there losses. Worse is the margin buyers who are getting margin calls everyday and are forced to sell. If you are looking for a bottom, we have not hit it yet. If you think there is going to be a sharp price increase in the short term, you are wrong.
Don't bet on it...this is the end of the road for shorts here....they know it and when an institution comes in and sees what the company is worth and what it is trading at ...not to mention the naked short position...this will skyrocket!