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Message: Re: Argoz

Sep 16, 2010 02:13PM
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Sep 16, 2010 04:38PM

If the shorts do eventually cover as Sinclair suggests they will, I would expect there to be several signs that indicate they have abandoned their short trading strategy with ECU. They include and are not limited to:

  • no morning ASKS placed well below highest BIDS
  • no last second sells by notorious houses to paint the tape at a lower price
  • end to unlimited replenishing of ASKS
  • end to "knocking down" of share price by selling into bids during light trading
  • share price that naturally "floats" higher
  • end to "not for profit" selling

And any any other signs that I may have left out. There is limited down side now so they will have to flip sooner rather than later.

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Sep 16, 2010 05:01PM
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Sep 16, 2010 06:54PM
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