All shorts have covered. Looking at the one year chart, there is nobody that would have started a short position over the past year. The only real buying in the past six months was due to short covering.
There are now no buyers. It will be interesting to see how low the price goes. I imagine volume will be very low until eventually people sell for tax loss. I am still considering buying at 20 cents just based on Orwin's ability to resurrect garbage company into something new. This is a textbook case of what ultimately becomes of a company with no true value. It is sad and yet interesting to observe.
yes!!! I agree!!! they are all gone to Disney World. They' tucked away their shares, packed up the van or headed for the airport. This is worrisome to the shorts who still need to cover 4MM shares and see longs at Disney World rather than sitting at their computers where they can be fear-mongered into selling.
Hey, good ol' Ignored DJPH is still checking the AFFY board every 5 minutes. You keep doing that DJPH!
I hope that this year you have at least one stock with profit so that you are able to get some tax loss benefit from LaffyStock. Good luck to you.