Posted On: 11/08/2013 3:56:09 PM
Post# of 1609
All negativity (for a while now) has been solely directed at the longs. It's been a huge part of the game. For whatever reason, for over a year now, longs have been told to sell.
This is part of the reason I believe there is a short position. These people continuously are trying to induce longs with large positions to sell especially now considering dilution is finished until Feb 2014.
Furthermore, one must ask why is the stock having so much trouble breaking resistance at 19/20? The stock has moved freely (multiple times) over 20 in the past.
Part of it would seem to be longs are trying not to drive the price up and the stock is controlled by longs.
The stock is illiquid, only way to exit is down.
Just some thoughts.
GLTA
This is part of the reason I believe there is a short position. These people continuously are trying to induce longs with large positions to sell especially now considering dilution is finished until Feb 2014.
Furthermore, one must ask why is the stock having so much trouble breaking resistance at 19/20? The stock has moved freely (multiple times) over 20 in the past.
Part of it would seem to be longs are trying not to drive the price up and the stock is controlled by longs.
The stock is illiquid, only way to exit is down.
Just some thoughts.
GLTA
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