Wed, May 22, 2013, 11:58 PM EDT - U.S. Markets closed
Did you see that. Someone dumped 5K shares, 20 cents under the last trade, less than one minute from the close. Nice takedown. Only cost 5K shares.
4700 shares in the last minute to get it down about 20 cents. Man, those short tactics at the close better stick, because if they don't, the momentium changes decisively in the longs favor. I'd hate to be short then.
general market was up big todayRocker, et al have a lot of other short positions that they got hammered on by the rising marketso, as the general market goes up, Rocker will get squeezed automatically by his other shorts which will help us as he will have to begin covering even NFI to put up more cash for his short positionsso, be patient, the rest of the market may force the short squeeze for us on NFI
BUt what was the closing bid? Could you please post? THat is of more significance here.
Rocker and shorts probably have margin calls they are trying to avoid or minimizeit's only a matter of "short" time before Rocker et al get hammered