No, we will not interrupt your dream while we have a party when the price reaches $50.
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No, we will not interrupt your dream while we have a party when the price reaches $50.
Nice one BigBBRY :D
:):):):):)
I will not sleep because I am busy to make money from the stock price manipulation by the shorts who were and are working for me (without pay, of course).
See my another post today about how to make the short work for you.
Getting mighty close to 14.83
Can someone with familiarities about the short positions answer this. With the high volume today and hopefully above average this week, how will this effect the shorters? does it just reduces the days before they have to cover or what happens? Thanks in advance!
I just saw $14.77 LoL
Who was that blogger that someone linked to on Friday...WSJ or DJI site...recommend short BBRY and how to play it...how's it going buddy...make any friends lately lol
K...got that out of my system!!
Wow...1.68 and climbing
15.12 on TSX :)
I can't wait until this puppy blows up even more so I can rub it in my dads face. He kept telling me over and over not to buy. LOOK AT ME NOW POPS!!!!
Just puts pressure on them to think about covering. If they could have got out at $14.50 a stock price at $17.50 looks worse and hurts a lot more. Days to cover is a just a mathematical fiction. Its not a real metric. Some amateur shorts may get a margin call if the stock rises and have to sell something and be forced to cover. I doubt there are that many amateurs shorting BBRY and if they are, they deserve the pain. The pros are likely hedged and can ride this out and hope for a pull back after ER or after US sales get released. They may be in worse shape by then, but time will tell.
When it hits $14.83 I'm morgan jr.
Finally, back in the green.
When we crossed over the $14.50 mark I expected a pull back to the $14.10's-20's for the day and to finsish. This continued rise is some interesting stuff.
I'm sure he's covering his shorts! Or changing his shorts! LOL
AAPL is playing in a channel now too...8 dollar swing today.
Hour to go...are we going to see 15% gain today?
I think there are 2 types of shorts out there..1 is retailers like us who shorts and covers frequently..today's price seems to be bulls waiting for good news and putting money in BB and retail shorts covering..
The 2nd type of shorts are big boys who controls the prices and do not cover until they are assursed that they are done..some of them might be covering today as well but not all. it will take few days to cover all. I do not think they will cover until ER is out there..
To answer your questions, first we need to know how much NET volume today was by short-covery (Net volume here = total share covered for the old short postion - new short position generated). If the Net volume > 0, then the net short position decreases and vice versa. If it is former, than less shares in the short postion to be covered going forward and the opposite will be true if it is latter.
In terms of the today's volume, it has absolutely NOTHING TO DO with the potential short squeeze because the high volume could mean that most of the buyers are on the long side while the most sellers are on the short side.
Also, even when the shorts need to cover, it does not mean that 100% volume on the buyer side comes from the short covering. So the actual number of days required for the shorts to covery all their shorted shares will be much more than the days calculated based on (total shorted sharew/average day volume). More likely, it will be 5~ 10 times.
Short interest gets reported today:
NASDAQ Short Interest Publication Schedule
I simply could not resist to try it againAttachment 140515
wow
in the money! my average cost is 16.22 we will get there and higher!
Even though the day isn't over, I'm feeling pretty good right now. I think we all needed this after we watched it drag low for several days.
My guess is that short % will drop today's report as last 2 weeks have been low for SP, some shorts are covered in mid 12.50s and 13s as they might have given up for any new lows. The bulls just waited until today. Last 2 weeks was war between shorts who tried hard to beat each other..just my thoughts and bull opinion..your thoughts ?????????????
Holy cow Gregg, that's quite the gain there. Great job!
Welcome back to the party :)