I have no idea what that guy is talking about. Anyway I have added to my short here. My opinion is that the cash is a non-yielding asset much the same problem as Apple has. In fact I shorted Apple at the open today and got lucky and have been doing that quite often over the last month. I am ready to hold short on Apple after launch announcement Sept 10 like last years Sept. 24 sell off into the next year.
Equally APA still has the same structural deficiencies for why I have rotated out of short positions on this name for some time now, covering and re-shorting. I could be wrong like any other time I make a bet but I do not see any material change here, just a lot of lipstick on a pig.
He will cover when he stops crying. The news that Chansoo Joung bought 10k shares sent wes back into convulsive sobbing. Read about Mr. Joung's background if you are not sure why that transaction would have such an effect on little wes.