Only a fool would remain short this stock with so
Post# of 72440
Posted On: 05/17/2016 8:07:58 PM
Only a fool would remain short this stock with so few days until news should be out. Today's action seems to confirm that people don't want to stay short overnight.
I suspect that until we get news, "they" will try to take it down during the day to stop out any remaining weak hands. (Today's 57% shorting, much of it probably covered in those last few minutes before the close.) I hope that Leo does not release news pre-market but does as he has in the past, release it after the market opens. If that happens, there will be a scramble upward to gladden the hearts of longs.
It does annoy me to think of these crooks who have closed their short positions and gone long, being able to profit from the move up.
I suspect that until we get news, "they" will try to take it down during the day to stop out any remaining weak hands. (Today's 57% shorting, much of it probably covered in those last few minutes before the close.) I hope that Leo does not release news pre-market but does as he has in the past, release it after the market opens. If that happens, there will be a scramble upward to gladden the hearts of longs.
It does annoy me to think of these crooks who have closed their short positions and gone long, being able to profit from the move up.
(1)
(0)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
Scroll down for more posts ▼