Based on days to cover ratio; it will take a full week before covered. That means up 3.00 for each day until 85.00 to 90.00 a share is reached.
Can someone please provide me with a link that explains this whole shorting thing? Like Shorting for dummies? I am totally lost when i read all your comments on shorting and the shorts are gonna get creamed tomorrow etc.... Greatly appreciated!!
You've been posting for some time now, even making recommendations, and you're asking about this "shorting thing"? I rest my case.
Sentiment: Strong Buy
I think folks will be surprised by the amount of shorts at the next reporting period. JMO.
Well if they are not covering now, they are short for the long haul . Sold half position for profit just in case. Gl
Are you crazy....5,000,000 shares traded today. Only 7, 000,000 short. How many were put on or taken off is anyone's guess...in short, you logic is all fantasy for the bull or the bear case....
That volume today is different . The line to cover short positions is 6 days back. Should move up pre-market each day for 6 days.