short and distort, page-117

Saw BAL jumped 24% in a day because of regulation news from China... they also had a lot of shorts so I'd be betting a lot of the % spike was short squeeze.

In the last week the number of shorted shares in GXY has been significantly high and all have to be bough back some time. When they start buying back in ernest, it will cause a ripple effect as no shorter wants to be "left holding the baby" so too speak. A lot have been shorted < $2 and when things swing up... that $2 could come at the blink of an eye.