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Lattice Semiconductor Corporation Message Board

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  • Jettababe18 Jettababe18 Jan 29, 2010 11:33 AM Flag

    Bear Raid

    the amount of shorting has risen, they'll keep selling into the market because the market isn't healthy. once the dust settles the shorts are going to have to cover and it's going to take five days of strong buying to cover. the squeeze trigger price for shorts to start shaking is $2.93 keep an eye on the volume, it's going to be your first hint of covering. if i'm right the volume will strike 2-3 million then you'll know they're scrabbling for shares

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    • I was honestly ready to sell and take my gains early this AM but the apparent jump in the short level does have me hesitating. It might just work out for the shorts here, short term. If the general market sentiment keeps working for them, they'll cover fine next week probably. If on the other hand, LSCC can reveal some good news in the short term... Ah, what to do...

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