The short volume was small today (percentage wise). 3,608,479 short today on volume of 15,137,337 is a relatively low number compared to the way this stock has been trading... I would think if this was truly bad news the number of shorts today would have been a lot higher.
As a paranoid person and an amateur conspiracy theorist, it almost looks as if that WSJ article and pre-market trade, we're put in place to manipulate the share price down for the shorts. It was the only way some of these guys were ever going to get out before the auction. How else would they get out? Especially if/when this sale goes nuclear.
With 21,028,363 short on 7-13-12, I wonder how bad they needed this to happen. I bet we regroup tomorrow and continue the move up on our own merits now.
All my humble opinion... And I'm kind of stupid... Also paranoid.
|