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Francesca's Holdings Corporation Message Board

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  • markbelfuss markbelfuss Feb 1, 2013 6:05 PM Flag

    Longs need to get organized! Fight against the short sellers!

    There were no naked shorts on for fran as of jan. 31st the shorts as of that date were legal. Now after that date up to the next settlement date witch is jan. 15th naked shorts can get away with it as long as they buy them back on or before the next settlement date for reporting short interest. This is why we got a nice gain yesterday it was naked short covering from the last 2 weeks. And this is why today with the low volume we had up to 15 minutes before the close, the stock got sold back from its high. They stayed on the bid with bigger sell orders than the buy orders on the ask to drive it back. Most all the shares shorted today were naked as no shares to speak of can be borrowed.

    Sentiment: Strong Buy

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