Why are certain stocks targeted to short. This stock seems to be one of the ones that always gets pushed down after run ups every time. When new news comes out, the stock jumps and the short interest gets squeezed and the cycle repeats. Is it that the shorts make some of the long time holders sell their stocks because they are scared? I understand how they make money shorting just not sure why they pick certain stocks and when the squeeze happens it seems they would get bit on occassions by not covering fast enough.
What is your prognostication on what will happen? If the earnings are just ok, do we see this repeat in pattern where the stock gets shorted back to the 26 range then run ups at each earnings date till they have a breakout. When can BRK make the big move and just take USG private?