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Arch Coal Inc. Message Board

  • sitkadidit sitkadidit Apr 29, 2013 9:15 AM Flag

    Might just have a few nervous shorts,

    Lots of shorts get short on new yearly lows and Im sure this works but as we approach $5.00 they will either add to the short or cover, my bet is cover if we can break through $5.00 as it was a support before and should return and this last break down then would have been capitulation bottom. thats the best kind when the last of the solid longs on heavy volume dump. Then the market makers and hedge funds swoop in buy and ride the big wave up.