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Message: Shorts Covering

With this short report out now, many people might assume there are still a few millions shares short and if they were thinking of buying they could whack the SP upwards a bit and create a bit of a panic to cover.... Will be interesting tomorrow to see how people react knowing we likely are at the very bottom. No one wants to still be short when the Short Report comes out.

Don't forget, all the volume was on the 28th. The short report comes out on the 31st... this means that the 5.5 million would have had to cover in the past 3 days. Look at the volume over the last 3 days. No chance they covered even half.

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Nov 04, 2016 05:08AM
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