Rode to 126. Sold and shorted at 123. Short squeeze is mostly done as all weak shorts are shaken out. Current level is unsustainable and bears will try to fill gap by 10:30 tomm . Has to come down. Current valuation/ takeover or anything does not justify this jump.Has to come down to 90s. No bag holding here! Earn both ways.
are you kidding .. there were over 40M shares short and entire AH volume was 7M out of which a lot of buying and selling was from day traders and not shorts covering.
We still have over 40M shares UNCOVERED!
See you at 200s shortly!
An example of this will be like this:)
Netflix 80 to 120 to 170 to 200s to 300s to 400s ..
As more and more partnerships are worked out by GMCR, the stock will go one way UP!
The short covering will end on the day news breaks out "David Einhorn or Whitney Tilson has committed suicide not able to take the pain of shorting GMCR" or "hedge funds run by Tilson or Einhorn has filed for BANKRUPTCY protection and they are in jail for taking unlimited risks"
Tilson is likely the candidate - his shorts against GMCR, VIPS NQ and others have BACKFIRED so strongly - that fund is likely to go bankrupt!
none to loan, and idiots who found some will wish they had'nt. AGAin, sell stock that you do not own and you will soon owe on a broker loan at usury rates. WAKE UP FOOLS. Your BROKER WILL OWN YOU
Go ahead and stand in front of a locomotive. By all means, do.....you are a fool if you try to short this stock, you could lose everything in minutes with as many shorts that are going to get margin calls tomorrow. Best to wait until the short interest gets back down to about 5%.