Re: Gap ups and Gap downs....
in response to
by
posted on
Mar 20, 2017 03:21PM
,,,,ledenfrog,,,,,,,,,,,,no doubt there is covering when prices move ,,,,,we cant be sure at what level these shorts entered the play,,,,,unless it is logged at the time and price as the action takes place,,,,,,,,the shorter may have made money,,or may have lost,,,we chatted about Esperion earlier today,,,,,I think players are short the float 21% on that play,,but it is up 76% as I type,,,,,are the shorts getting out,,maybe not,,,they may have shorted at $100 or $80 or $60,,,,maybe they are adding today on the run up,,,,,its the market,,,,,,,that 76% maybe the longs dream on this short covering spike!!,,if the sp cant be sustained,,they are a benefit possibly today to the longs,,,,,,I would love to see 21% of the float shorted on RVX,,,imagine the spike on a good news release,,,,shorting at a support level is very risky,,,,,yummmie,,,