Posted On: 12/25/2015 6:06:57 PM
Post# of 22940
$TPAC The recent share retirements are really giving way to a big move here. The company has retired 900M O/S as of recently and has plans to retire 900M O/S more(we could even see more than this retired).
I found a little quote while browsing. We've had a lot of shorting going on on this one, and we're also seeing significant retirement of shares and shrinking of the float; and to think how many shares some of us own as a team and how that pertains to the diminishing float being reduced.
Quote:
"One of the trading strategies I have used to great success is finding stocks with very small floats and heavy short interest. Any good news, market rumors or improvement in any type of fundamental development can send a stock with these characteristics screaming higher.
This strategy is really just taking advantage of supply vs. demand. Once something good breaks for the stock, the shorts have to buy in to cover, and when you combine that with the natural buying pressure you can start to see some explosive short squeezes. Hence the reason to look for stocks with smaller floats and high short interest so that the supply will not meet the demand if something bullish develops."
Source: http://www.thestreet.com/story/10378450/1/a-s...horts.html
(*the 100M or less float being referred to here is almost certainly exponentially more in alignment with big boards and blue chips as opposed to pennies and sub-pennies.)
I found a little quote while browsing. We've had a lot of shorting going on on this one, and we're also seeing significant retirement of shares and shrinking of the float; and to think how many shares some of us own as a team and how that pertains to the diminishing float being reduced.
Quote:
"One of the trading strategies I have used to great success is finding stocks with very small floats and heavy short interest. Any good news, market rumors or improvement in any type of fundamental development can send a stock with these characteristics screaming higher.
This strategy is really just taking advantage of supply vs. demand. Once something good breaks for the stock, the shorts have to buy in to cover, and when you combine that with the natural buying pressure you can start to see some explosive short squeezes. Hence the reason to look for stocks with smaller floats and high short interest so that the supply will not meet the demand if something bullish develops."
Source: http://www.thestreet.com/story/10378450/1/a-s...horts.html
(*the 100M or less float being referred to here is almost certainly exponentially more in alignment with big boards and blue chips as opposed to pennies and sub-pennies.)
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