Looks like we may see that 10.02 today. Maybe more. Still not seeing heavy covering. Just slow steady climb. Hope Bernanke doesn't F this up today. I think he won't say much negative because interest rates have risen so much the last 2 weeks, which is doing the job for him to cool things down a little.
Thursday should be a good T+3 day too. Just hope Bernanke doesn't throw a massive wrench in things tomorrow that the shorts use to slam the stock really hard. I don't think it will happen but look at the BS that happened yesterday afternoon with the FT article and then the author comes out with a Tweet and says he thinks Sept. is when Fed starts to pull back on QE the opposite of the article. Any reason to move the market.
But after the 3.4 million that were shorted on Friday and Monday and someone buying every share that gets sold, I think we see a strong pop the next few days. T+3 from Friday is tomorrow. I think a lot of the shorting on Friday expected to be able to continue driving the stock down at will. It will be interesting when those new shorts have to cover, let alone the old ones. If the company gets an upgrade? Forget it! S&W will shoot past 12 that day.
2077 of the calls were sold and 2077 of the puts were bought for July 10 strike. That was a spread. the calls were at .35 and the puts were bought for .60. That was one of the big trades. That trade came after a half hour of matching number call SELLING and Put SELLING.
Shorts are so screwed.
It will happen for his/her boss. You have to have money in the game to have a chance of losing it. DAT has no money.
The most recent Motley Fool article says just that. Gun buying to continue at least until the dictator is out of office.
Tried to post the link twice, but Yahoo wouldn't let it through.
Wow! That was one of the most F'd up analysis' I have ever read. Absolutely Delusional! I didn't see reverse split comparison talk? If it is there, its under an alias of DAT.
DAT uses another alias to post the same LOSER #$%$! Doesn't make any sense of reality. If the stocks dips Monday, it is only because his boss is shorting even more first thing in the morning. Problem is the few people who actually own shares wont be selling, so when the real buyers step in it will go straight back up. What #$%$ weed doesn't understand, and neither does his boss, is that when a company creates a base for a share price $10 you can't continue to think that adding to your short position eventually allow you to drive the price back down. Those days are over! It's up from here DAT! I saw all the shorting on EDGX Friday. For some reason you're boss thinks that he'll be able to continue selling and eventually the price will fall. Problem is you are an IDIOT, the company intends to purchase everything that is sold short. Nowhere to go but up! You are a stupid as your boss. Hope he loses a few million more trying to prevent it breaking through 10. How F'n dumb are you? Oh yah! When you're bent over sucking #$%$ under that bridge, you aren't even smart enough to use a condom, you TROLL. I'm 3 for 3 on my stock calls. You are a big ZERO on your Secondary and all your other #$%$
Get is going to be out of work soon! Working overtime on the weekend to show his boss he's a good little TROLL!
HAHAHA. Loser is worried about his short boss. Getting angry because the truth hurts. Go back under your bridge little TROLL. Unlike you I've been right on every call I have made. Sure I lost 186K. Doesn't hurt me. I was off by 1 month. #$%$ happens. Your boss just got burned by S&W early release of results. Looks like they had a plan to burn you.
Now trying to say Gun Bubble Popped because Wal Mart had two AR's. Nothing available at Turner's with regard to pistols. So gun bubble still growing. 26% of gun buyers are first time buyers. Sure there are AR's available, but they are still selling like crazy. I didn't go by a picture from a friend. I went to the store and spoke with the manager. Had him look up numbers. YOU ARE A F'n IDIOT! Hope you get fired from you penny a post job as soon as we break 10 and your boss finally figures out his short position is a lost cause. 3 positive media articles released today says it all.
Did you see when it was written? 07:00 yesterday morning. He is probably the guy from EDGX that kept throwing up big blocks of shares to sell today, just like yesterday and Wed. saw large sell blocks coming from EDGX. Really sucks when it looks like just one guy is holding down the share price.
These analysts are idiot liberals.
If you look at the SP really didn't move all day and those shorting were buying back the same shares that leaves only 2.5 million in new purchases.
Ending OBV -301,297. I think some of these guys are still shorting. They must think volume will dry up again and then they can manipulate the price back down? It doesn't make sense, since funds can buy the stock now and flip it for a profit by selling it back to the company if they want to. I think they are working hard to keep the price below 10 so they don't have to buy shares to cover the calls they sold.
It will be interesting next week when the company starts buying