Up from 30% on Friday! You don't think shares are getting hard to come by, do you....?! Only risk Longs have now is if the SEC decides to take action to bail out the shorts!
Desperation has many 'false claims'! Shorts are not paying 30% and up to hold their position. There are just not enough available shares for an easy exit!
I may open a 'half-way' home for chronic 'short sellers'!....not!
Ugly indeed ....if you are a short! It is going to move beyond UGLY for shorts in the coming weeks!
I see it as a very positive close. If that is all the damage the shorts can do on a Friday close, their in deep trouble! Then look at the after hours action and you will see a climb back to $3.72! I suggest you cover and go long!
Shorts were selling in to the market all day and still the stock gained 4.6%! Shorts were down $20m today, but, hey, that is peanuts for these big money folks! Technically, MNKD leaped through the 50 day moving average (3.49) this morning and never looked back! Good times ahead for longs! By the way, shorts have been over 50% of the volume for the past four trading days....all up days!
Where is the commitment that shorts had to keeping MNKD down? No more rope...........? Is this 'Black Friday' for shorts?
fox, your post is intended to be a joke....right!? funny!
Open your eyes 'zeeman', it is a dysfunctional hearing committee! An insult to the American people! The facts are ugly, but, the 'dance and spin' is disgusting!
Why does Hillary's face get so wrinkled when her own words (facts) are read to her?
Very sad for our future if something doesn't change!
And, that is what Fidelity is paying investors to loan shares! They charge a premium above that for shorty....!
knight, I clearly understand the point you are making, however, the vast majority of short lending is institutional scale in PLUG. Retail is a relatively small factor. I have a sizable position in my cash accounts that has been borrowed by Schwab. I will allow Schwab to lend the shares until I see the big squeeze has begun. At that point, I will pull all my shares out of the lending program and help with the cause! I am very long PLUG and will continue to add! Good fortune with you long position! I believe PLUG has a great future and I am currently significantly 'in the black' thanks to the bashers and shorts that pushed the stock below $2!
Otherwise, there would have been much more follow thru selling at the open this morning! This is aso supported by the huge 'carry interest' they are paying!
The trend has clearly switched to positive over the past several days. A 20 minute 'smack down' by some short players and MM's is not a trend reversal......just an opportunity to add a few more shares at a better price. Their hope is to set up some fear in the weak hands holding MNKD long. Read the trend, not a 20 minute trading manipulation! Sleep well tonight, Longs!