that's a good question!!! seeing the pps hasn't ch
Post# of 14350
that's a good question!!! seeing the pps hasn't changed much since the opening day in the greys I would think before a positive PR comes out. and I think this is what the shorts are anticipating and are afraid of. They know Jeff will get an 211 or ANY positive pr eventually released. once that happens a short squeeze takes place and they are goners. NOBODY would invest this much time and energy into a stock board where a co. is dead and finished. I know I wouldn't. what is the point when money can be made elsewhere.
I found this:
When you short a stock, you want the days to cover to be low, say around 7 days or so. This will make the shares less subject to a short squeeze, the nightmare of shorters in which someone starts buying up the shares and driving up the share price. This induces shorters to buy back their shares, which also drives up the price! A short days to cover means the short interest can be eliminated quickly, preventing a short squeeze from working very well.Also, a lengthy days to cover means that many people have already sold short the stock, making a further decline less likely.