Why should there still be shorts ? Because those w
Post# of 5282
Your next question is why don’t they buy now and cover and make a killing. OH WOW. Someone may not like you for opening that can of peas. There is an expression. Never ask a question unless you already know the answer. Let me tell you the answer.
PEOPLE RUN TO BUY A STOCK THAT IS GOING UP. THEY TELL THEIR FRIENDS ABOUT A STOCK THAT IS GOING UP.
Let’s say for one reason or another I needed to have some extra shares I could buy that 4000 for sale at $14.00. I think the next offer to sell is about $50.00 or something like that . How many shares do you think I should buy at $50.00 while I’m covering and making a fortune. Because the last buys were at $50.00 I say the next group I would have to buy would be $400.00 to cover and make a killing.
You may want to re think that one.
Telvue Corp (TEVE) Stock Research Links
There is no limit to the loss of someone has been caught in a short squeeze.