tomorrow it will be SSR restricted and will recover, buy here to bring overage down and sell discretionary tomorrow.
Cramer can't really steer the average Joe investor into a day trading ticker so he recommends the large caps. No harm in that.
The shorts made it sound like they were going to declare bankruptcy any day. The truth is this company can survive for a year a two without oil moving up.
A dead cat bounce can go on for a week since it needs to rise before it can be shorted again. Buy the damn dip.
I don't think alot of shorts are in this, the ones that were probably quickly covered a few days ago. Price should recover based on fundamentals and merger prospects. At least everyone got a wake up call and realize this company is worth more than the PPS.
That's what happens when 50% of your float is short.