Re: 5.5 million shorts need to cover
in response to
by
posted on
Nov 04, 2016 02:45PM
I hear you but I don't see how anyone can short the stock much further (he says hopefully). I hoping this is/remains the bottom, hence my anticipated view of eventual action by the Shorts. If they have to scramble hard/fast enough, the SP may see some healthy upward ticks, maybe even several ticks over a few days.
Now if they're all in cahoots and swap shares to avoid the short squeeze, all of the above is moot.