Short Squeeze, page-106

It's rare, but I agree with almost all of this post.

I said before the bounce that what we need outside of good news is major holders averaging down and the market being informed that the strong are stronger.

If that happens on the back of the recent flurry or in the near future we could see this heading towards $2. And if this has some 'leak' attached to it of impeding good news (which it does look like to me but I'm not 100% either) then who knows where this could go??



Who would/should be tempted to average down? Surgcentre. And one of them is on the BoDs. They are sitting at $2.30/share. They are almost obligated to buy given these circumstances. If they don't increase their holdings then it 'may' be taken as they don't want to risk any more and the risk versus reward calc doesn't hold water. One of them has all the information in front of him and is in the position to ask all the questions!

This is a potential downside to having Surgcentre on the Board. Be careful what you wish for sometimes as you might just get it and with it comes the responsibility of getting it.

Anyway, green is good.