RIGH - The Spewing Volcano... I want to ask a q
Post# of 5949
I want to ask a question, raise your hand if you have shorted a stock (any stock)?
If you have never shorted a stock , you are unlikely aware:
1) To begin, the stock is sold first (*yes, seems strange, but this is the case).
2) To end the transaction, you buy the stock back (*hopefully at a lower share price for a profit).
So let's put that plan in motion. How would that look on paper? Here is a classic example. I don't like to use LieHub because of all their attempts to distort the truth, but admit they have a few good tools.
During the past 3 weeks, we have witnessed an unusual amount of short volume. It began on July 7th, and continued all the way into this past Friday. The amount of short volume was so high that we ended up on the naked short list (and dropped off OTCShortReport, as a result).
http://otcshortreport.com/index.php?index=RIGH#.U9UMYrE_tpc
We talk about it here: http://investorshangout.com/post/view?id=1632679
And here: http://investorshangout.com/post/view?id=1633112
Drilling deeper on the explosive 1 billion July 7 share event. A few here and @ LieHub purport insider selling is going on - what a crock, IMO. They talk about it here (but before you get wrapped around the axle and buy into their theory, you need to read everything I put before you):