Alan's daily posts tell me how difficult it was th
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Posted On: 10/20/2017 9:48:44 AM
Alan's daily posts tell me how difficult it was that day for MM's to find real shares to fill orders.I understand that those are considered "legal" shorts and will be covered.However,the more days of 30+% there are,the more I think it shows that real shares are still drying up and staying in strong hands.
Just another thought also about the chartists calling for resistance as SP goes back up,remember that the Longs who now have and continue to accumulate more shares are the ones who are buying for the science and not so much on the trading.That said,there might not be as much selling into the run-ups as some might think.Some here are looking for $10/share.Others $50,still others $100(s)/share.I don't know of any just holding for $2-$5/share.
Kelt
Just another thought also about the chartists calling for resistance as SP goes back up,remember that the Longs who now have and continue to accumulate more shares are the ones who are buying for the science and not so much on the trading.That said,there might not be as much selling into the run-ups as some might think.Some here are looking for $10/share.Others $50,still others $100(s)/share.I don't know of any just holding for $2-$5/share.
Kelt
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