Maybe RollyPolly/Jeffklienfelter can explain this????
JeffKlienfelter/RollyPolly claims that they shorted AXAS at $5.10 on May 2,2011; but they posted that "claim" almost 3 months after the fact ( RollyPolly on July 27,2011 & Felter 5 days later on Aug. 2,2011)and bragged about the money they/he made. Now I don't know a heck of a lot about shorting; but the PPS of AXAS on 7/27/11 was $$4.71 and the PPS on 8/02/11 was $4.41- a difference of between $.39 and $.69 over that 3 month period????
It is bad enough that these (2) birds made a "claim" that they shorted a stock almost 3 months after the fact; but there sure doesn't look that there was enough money there to brag about much less lie about?? It's like I claim to have bought Apple 2 years ago (don't worry-I didn't).
But a well respected poster by the name of jjosephvest posted this about the "supposed trade"
Re: Made for a nice short at $5.10
By jjosephvest . Jul 27, 2011 4:21 PM . Permalink . Go to topic
And where may ask did you borrow the shares because every brokerage house I looked at had them at hard to borrow. Unless of course your full of it
I believe jjoe....you're full of it!!! Unless you can prove differently......