In my opinion only the news on Yahoo Finance Asian shares are lifted by China data and Chinese Factory Activity is up for first time in four months all this could be found on Yahoo Financial page. This is great news. The economy is about to take off in my opinion. The sky is not falling anymore. It is a brighter future. There are more opportunities to make more money. Thanks shorty. You better cover really soon before you get cremated. Bad shorts bad shorts what you gonna do what you gonna do when the stock rises on you?
I don't think it had anything to do with shorting. The whole market dropped and so did the rates. This is a highly volatile stock. I short stocks but not shipping stocks. I will swing trade on GNK. I don't think they will make it and we are far from out of the woods. However if bye surprise it does I will hold. Good Luck. P.s I know most people don't like shorting but it works both way's. Most of the time a stock rises.