Re: short position prb
in response to
by
posted on
Apr 16, 2011 12:58AM
"why would someone short a company with low volume trades, lots of cash, future income from royalties, and 2 active work camps.?"
How about making sure you are in an absolute minimum of ~$700,000.00 within only five weeks? Even more now that the PP Sizing has increased.
"Arent there other more favorable targets to short. This one just doesn't have the short term volatility... "
Not if you know you will be getting 8 - 9 MILLION shares on the cheap AND also save your self ~$700,000.00 in just five weeks. And again, even more now that the PP Sizing has increased.
Otherwise, with the near complete lack of volume - no one wanting to sell - with Short Position Asks blocking and retarding the upward progression of the SP followed by twice daily Selling into the Bid to KNOCK the SP Down there is a problem(s).
Only an Insane Trader would do just this type of Shorting. Maybe once back under Care, the Attending Doctor saw an impossible to ignore opportunity?
Keep Probing! Mine only the sure solutions.
Easy!
Old Joe
PS: Only trying to be STUPID? lol