Joe: TEVE longs do not sell they accumulate. With a tiny tiny float of 55,000 shares those short have very little if any opportunity to cover. The carrying costs have to be eating them up week after week after week and they are getting in deeper rather than making any progress on lessening their liability. You told me a couple of years ago the shorts were trapped with no escape and I must admit seeing is believing, the shorts can gnaw off their legs to try and escape but it is not going to help them.
My only regrets here are that I don't own more shares than I do and that the company has not yet declared a dividend. I remain hopeful that they will as nothing would bring me greater satisfaction than seeing the shorts have to pony up cash dividends on all the air shares they are responsible for. In the meantime we continue to accumulate as we are able knowing that every marker we acquire is yet another nail in the shorts coffin.
Go TEVE!!!
Revenues/earnings/dividends!