The shorts are frying today. Thursdays 26% bump
Post# of 75002
Posted On: 09/28/2015 10:59:16 AM
The shorts are frying today. Thursdays 26% bump caught most of the shorts in a bad spot. Fridays activity was many of them buying in to cover their short position. I knew they would dump today trying to get downward momentum but it looks like they stalled out and cant recover the 26% from thurs. If we can hold here for a while they will be forced to pay back the broker all of those borrowed shares. Perhaps today the broker may force the repayment. Should be a bump ip near the end of the day if they settle
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