You have no idea what you are talking about. Short squeezes take weeks and some times months.. You don't understand "organized" short squeezes. IF 10 percent of the shorts covered I would be totally surprised. I suggest you read a book that teaches you how long short squeezes take..
As I told you over the weekend... An organized short continuing till $465 over the next 2 days.
MSFT holding some cards they did not lay on the table yet, imo..
this is how all the big money gets shares for cheap! Just watch. I can almost guarantee this opens above $47 tomorrow and probably closes at $48.... Just the way these crooks work. jmho
The consensus was to cover and not add cash or sell other assets. He says most of them think this is going higher just because of the expansion news. A lot of them, he said, were caught blindsided. He said there will be another wave Monday thru Wednesday to about $465 or so but after that he told me its anyone's guess. He wasn't sure if a new wave of shorts will enter this stock but if they don't he believes it will melt up to $485 by the end of January. He told me that this is a strange stock whereas he will wake up one morning and there will be a large amount of short sellers, like they show up in bunches.. He says it's kind of weird. We will see..
Still a lot of shorts that need to cover, imo.. You will see an organized short squeeze over the next 2 weeks.. They happen more often when the overall market is down. Big players prefer this because they will not get that spike from retail buyers. I think we see $475 by next Friday and $510 by the following Friday but after that we may see another raid on this to the short side. Netflix has now made it clear that they are expanding in other countries and it is working. That was a big short side argument which has now been put to rest. jmho
Thanks perho.... Was looking for that.. That is a fairly large increase.. What do you think about the affect on GMCR?
I don't think the big shorts can afford to wait for a down day to cover.. ECB and foreign expansion in 2 years will force these guys to buyback tomorrow.... I still think we see $455 to $475 by next Friday. This isn't a normal earnings release but it tells you that expansion in on its way!! glt all longs
could spike this up to $90 tomorrow...
You would hear about it during the cc if they were going to do it. I think you will need to wait until $90+..
Everyone looking to make new deals with GMCR.. Maybe Starbucks will... jmho
I wonder what you guys think?
3 day rule in play for small short players... They are probably getting calls now and the calls will continue after lunch. jmho
Gold will follow the markets much higher just like it did with its last run a few years ago. jmho