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Posted On: 04/22/2018 4:07:10 PM
Post# of 32702
IMPORTANT UPDATE ON THE CURRENT SHORT SQUEEZE
As of the close on Friday $FUSZ has been HIGHLY shorted by the usual short-selling market makers. Indications are that they are naked short by over 3M shares. Due to requirements by the regulators they have so many days to cover their naked short positions or they can be forced to cover. That would be financially disastrous for them. If forced to cover, they would have to come into the open market and buy shares (as opposed to continuing to short).
The impact of that would be what is referred to as a SHORT SQUEEZE. A short squeeze happens when market makers have to cover their short positions in an environment where the long shareholders (us) are not prepared to sell. This causes the stock to go PARABOLIC (straight up at a rapid rate) as they climb over each other to cover but are forced to pay higher and higher prices (feeding frenzy).
To prevent this, on Friday, they worked with other market makers to do wash trades (sell shares back and forth between each other (hence the volume). The effect of this is that, on paper, they buy enough shares from other market makers to cover their short positions. At the same time they re-short their original position. The regulators see that their original short was covered and a "new" short position has been created, buying them more time to cover.
It is like check kiting or using one credit card to pay off others.....it cannot sustain itself and will self-implode.
THIS IS THE MOST BULLISH SIGNAL THERE IS IN ALL OF STOCK MARKET TRADING.
DO NOT REWARD THEIR ILLEGAL ACTIVITIES. DO NOT SELL YOUR SHARES NOW! With the Oracle/NetSuite Conference TOMORROW, Marketo Conference and accompanying joint Press Releases coming out and other deals that are in the works if we hold we can get even with these parasitic market makers.
Long and Strong Together and We Will Win This Battle and See $FUSZ skyrocket!
Have a great weekend Longs and get ready for the most exciting week we have ever had !!!!
As of the close on Friday $FUSZ has been HIGHLY shorted by the usual short-selling market makers. Indications are that they are naked short by over 3M shares. Due to requirements by the regulators they have so many days to cover their naked short positions or they can be forced to cover. That would be financially disastrous for them. If forced to cover, they would have to come into the open market and buy shares (as opposed to continuing to short).
The impact of that would be what is referred to as a SHORT SQUEEZE. A short squeeze happens when market makers have to cover their short positions in an environment where the long shareholders (us) are not prepared to sell. This causes the stock to go PARABOLIC (straight up at a rapid rate) as they climb over each other to cover but are forced to pay higher and higher prices (feeding frenzy).
To prevent this, on Friday, they worked with other market makers to do wash trades (sell shares back and forth between each other (hence the volume). The effect of this is that, on paper, they buy enough shares from other market makers to cover their short positions. At the same time they re-short their original position. The regulators see that their original short was covered and a "new" short position has been created, buying them more time to cover.
It is like check kiting or using one credit card to pay off others.....it cannot sustain itself and will self-implode.
THIS IS THE MOST BULLISH SIGNAL THERE IS IN ALL OF STOCK MARKET TRADING.
DO NOT REWARD THEIR ILLEGAL ACTIVITIES. DO NOT SELL YOUR SHARES NOW! With the Oracle/NetSuite Conference TOMORROW, Marketo Conference and accompanying joint Press Releases coming out and other deals that are in the works if we hold we can get even with these parasitic market makers.
Long and Strong Together and We Will Win This Battle and See $FUSZ skyrocket!
Have a great weekend Longs and get ready for the most exciting week we have ever had !!!!
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