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magicJack VocalTec Ltd. Message Board

  • gimmemypawns gimmemypawns Apr 30, 2013 4:18 PM Flag

    I See a Huge Short-Covering Rally Coming Very Soon.

    Probably tomorrow. PPS could test 01/03/2013 high of $18.95 by Friday.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Boy you were spot-on with this prediction ;-)

      Don't worry; if you keep putting a nickel in your Good Short-Squeeze Fairy jar every day and be a good boy maybe when you're all grown up it will come true.

    • This looks like a normal rally with very little Short-Covering. Also, I do believe it will test the 01/03/2013 high of $18.95 alright, but by Friday is a little hopeful. Either way, Shorts will lose alot more money.

      Sentiment: Strong Buy

      • 1 Reply to solidmoves
      • solidmoves,
        I would agree with you, but we (longs) have a real problem with trading manipulation. Every time public is buying increasing unregistered shares someone shorting BIGGER amount unregistered (uncontrolled) shares. Looks like SEC cannot catch a naked shorting having a positive long term registered shares vs. short position! DTC keeps only balance with NASDAQ registered brokers and don't care if someone listing CALL shares outside the US.
        That is a problem that happened with LOTE. It looks like crooks found new way going around SEC rules.
        Eventually shorting will run out of balance if some holding a big package will register taking it out of float.
        But that is unlikely event if stock holder playing with options, as I do, losing a possibility converting stock in real time instead of selling agreements.
        Even aggressive pumping can be damped if short have a possibility to oversold it on 10-15% actually illegally but difficult to catch.
        Buy And Hold

        Sentiment: Strong Buy

11.07-0.15(-1.34%)Sep 17 3:59 PMEDT

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