First, you guys go broke buying your own shares. Second, no worry, it'll pop back to $4.60 in a heartbeat, like every other time you've brought it down artificially. After that, I simply don't know what you guys do. If you can't cover at $3.83 I don't see any real hope for you. You guys have done this way to many times. When longs see you bringing it down now all they see is your inability to cover. Might as well advertise that your trapped. You time is almost up. I can wait. I'm not paying interest to hold borrowed shares. Love this low volume environment you've created. Really great set up to cover shares.
Knowledge is power. Can't wait to ride this up with all the longs here who have been so great. When the company sells, maybe we should all meet and have lunch. Did this a couple of years ago when another spec deal went well. It was fun. We can argue about who's car is faster.
Ding, what can I say. It's your destiny to be crushed in this short trade. Almost sad to see you thrashing around trying to pry a share or two loose. Where's your dignity man? Gave up covering huh. Your right, why bother, you guys missed your exit and it's been all damage control ever since. Your carrying costs alone must be staggering. It's destiny Ding. Still no volume. What to do, what to do.
I agree completely with your conclusion. These guys are such good traders I keep waiting for them to pull a rabbit out of their hat. But I think the rabbit died from being kept in the magician's pocket too long and pulling out a dead rabbit just won't work.
Dear Ding, just checked in with Fidelity and they said your prediction of tax loss selling in SGYP is completely wrong. They said that if there was going to be tax loss selling we would have seen some by now. Also said there has been no tax loss selling the last few days and they didn't expect any this year. Sure hope that's not what you guys have been waiting for or you're in even bigger trouble than I thought. Bring it down, cover a few shares, and then bend over and put your head between your legs, because you've got a hard landing coming up.
Boy does he have his finger on the pulse of SGYP or what.
Your a liar. You're trapped and have only covered a few hundred thousand shares. Don't you get it Ding, short interest is a number not a concept. When you cover the numbers will show it. When you don't cover, the numbers show that too. The numbers say you haven't covered. The only question that remains then, is why a short would lie about having covered. The answer is obvious.
If you subtract the loses they suffer from having to bring it down, they may have covered half that amount. Don't think they're making any money covering like this, hence the need to bring it down. When they are forced to bring it down, that is the shorts telling you their trade is not working at the current price. Doesn't look like the trade's working at the current price.
Saw that they covered a few shares at the end of the day. But there were costs to bringing it down today. The other day they covered some shares, but today they bought a lot of their own shares. I think they pushed today. Bought some of their own shares and covered some. I do realize they can bring it down more cheaply than they can cover some shares. But buying your own shares complicates the calculations when trying to compute the money they make from covering a few shares. Most of the volume today was down, except for the end. Always interested in your thoughts aany.
They can't cover at all today. Just selling themselves shares and bringing it down per usual.
Ding, considering the fact there is no volume, I think it's been proven that there will be no tax loss selling. Just you guys selling yourself a few more shares. Let's try harder with the covering ok. I mean we haven't even been to $4.50 today. What's with that? Don't give up! You guys can cover some shares if you try hard enough. Show me that fancy trading. Show me anything, just cover your position. You guys must be the only shorts in the world that don't cover. You need to read up on shorting. It involves covering. Even has a chapter on being trapped.
I think this is good news. These guys trying to cover a few shares is good. They're finally getting afraid of what's coming and trying to lighten up. We must be right about what's on the way. Been waiting for this. I can wait another 6 - 8 weeks. Long and strong.
No! What I would look for is shorts selling themselves shares to bring the price down so that theyi might have some chance of covering later. That's been the pattern so far. Shorts forever in trouble trying to cover a few shares.
At this rate you'll be holding about 5 million when the Phase II data come out! Do you really want to double down to 10 million right when a buyout might happen? Even if this were to happen, I'll never believe you intended to do it from the start, which means your trade is already busted, and you're trying to salvage it. Good luck with the salvage operation. Who knows, maybe you can turn a sow's ear into a silk purse. Always fun to watch you guys trade the day.
I think that these guys should sculpt the trades so that the chart looks like the profile of a SEC Commissioner. We could then send the Commissioner his SGYP profile picture which he could proudly display in his office.