kirkdsmeeton

People try and find reasons for things in order to try and understand why something is occurring, especially if there appears to no logical reason. 

 I understand that you feel shorts are an insignificant factor in the price of CLL, or as you put it in another post, shorts don't bother with small fish like CLL..  You prefer to justify the low SP by concentrating on the debt and risks...The debt has been discussed ad nauseum, If the debt was that much of an issue the SP would have tanked immediately after the announcement..

To say the shorts don't bother with small fish like CLL or have no effect on SP, in my oppinion can be proven wrong. IF that were the case the CLL short position would not have increased from around 3 miilion shares in the summer to over 9 million in December.

Shorts make money by betting on failure..CLL short position increased to record levels just prior to steam, and even higher just prior to the well head conversions... They lose money if the SP doesn't go down. 

You're correct in saying debt may be an issue in new investors, but people with long position don't care as new debt is better than further dilution.. WHAT do you think issuing another 200 million shares would do to SP and investor confidence?

All I'm saying is this,,LONG aren't parting with their shares,,I believe that the majority of shares trading hands now are between shorts and daytraders.

Notice how prior to the market meltdown volume was around 600k with a narrow price range band..Now it's over 1.4 million with a narrow trading band.

There's as simple way to test my theory,,we know at the beginning of december the short postion was over 9 million ( to the best of my knowledge)..what is it now.... If the SP rises again as the short postion lowers I rest my case.

I'm gonna start making a graph that compares the historcal up's and downs of CLL with the short postions,,