Oh the shorts messed up big time here, but like I
Post# of 8802
Posted On: 02/05/2016 1:19:32 PM
Re: Mikemike1411 #521
Oh the shorts messed up big time here, but like I said they were more than likely caught off guard with the RM. Its not everyday you find a company making $26-$50 plus million merge with an OTC.. Don't get me wrong, it happens all the time, but catching it is the trick before it all goes main stream.. With TALK that is exactly what we have......
The shorts position is about half of the float from my brokers estimates.. Now you see why they are sweating so badly right now... If 250 million shares were to be covered at the offer in one single day, you can bet your behind we'd break 0.02 - 0.05 quickly... Once fins drop they will have no choice but to do just that... In the mean time as I said before, they are trying every trick in the book to cover they position without going wild at the offer..
The shorts position is about half of the float from my brokers estimates.. Now you see why they are sweating so badly right now... If 250 million shares were to be covered at the offer in one single day, you can bet your behind we'd break 0.02 - 0.05 quickly... Once fins drop they will have no choice but to do just that... In the mean time as I said before, they are trying every trick in the book to cover they position without going wild at the offer..
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