I know this is going to sound like a whole lof of venting but these MM's/Shorters are really getting under my skin. I know in the long run we will look back at these days and laugh. I also know a few shorters will probably get burned in the process (which makes me smile a little) but still it's fustrating right now. Who the hell came up with the idea of shorting and why the h*ll did the regulators allow it. The idea of selling something you don't own makes no sence. Could you imagine if people could short real estate. That would never happen. Who in their right mind would allow someone to sell their house and then buy it back at a discounted price a month later. Basically just shoothing themselves in the foot by allowing someone to reduce the value of their property and then give it back to them. In my opionion, if you don't own it then you can't sell it PERIOD. OK, i'm done. I feel better now.
Here's hoping these shorters go on a massive shorting spree until mid september (without covering of course), then RN and the boys start releasing NR after NR (while the market is listening) and burn them right in the a$$. Teach them to stop shorting our $hit since you don't own it. OK, now i'm done...LOL
GLTA... enjoy the rest of your summer cause when the weather gets worse, our pockets should get deeper :)
JGo