This topic of days left to cover comes up a lot. I
Post# of 148175
Maybe a typical short is waiting for the decline to buy back in, which is why days left to cover is important. If we can catch a catalyst before they do buy back they'll be forced to buy in higher and compound the rise in share price. But what if our major short sellers are simply out to flood the market with selling activity at key moments? Just dumping large amounts against any momentum, losses be damned if they choose to buy back in the next day because that's not their end goal. The end goal is to ensure that on any potentially positive day/trend they can interrupt it. I know they have to buy back in, but if they don't care about losing money because they're backed by our hidden big pharma boogeyman. They can buy back in to return shares at a different pace without care about the profit they'd normally be concerned with.
I don't know, I'm probably way off. That's alright though. Just spitballin' over here for a few minutes until 4pm hits and I can feel better about beginning to drink. I think I've met my goal. Time for a reward.