Please educate me on how putting outragous limit prices will help longs. I was under the impression that this would just prevent shorts from using my shares to short it wouldnt prevent them from buying back the shares they borrowed. Do we really want to do this. I want shares to be available for more shorts dont I?
you are right, by putting a $100.00 day order on my 4000 shares this will reduce the shorts ability to even put up a fair fight. the consolidation of last week will end and i think we will burst up to new 52 week highs with shorts being forced to cover. i will not maintain my sell order way above the market because i would love for the shorts to begin the stalemate again at $50 before we go into earnings/possible split news.