I have seen how the sp has been coming down especially in the last couple of days and even when I have been buying and averaging down, I have to admit that it has been frustrating. Today coming back home I thought to myself “and tomorrow the damn shorters are coming back to this, damn, probably tomorrow I could buy my whole position cheaper, probably I should have sold”…going around that idea I start wondering, what happen if that’s exactly the market expectation on the shorting return and there is a stream of buyer coming back to this stock expecting to get a real bargain out of the shorters? Would that be too crazy or optimistic or would that generates, at least, a short rally to balance the sp? Am I being blind because I’m placing hopes on BBI or just plain stupid for holding? Probably I will be able to answer myself either tomorrow or at the end of the week, but did anyone else think about it? Cheers
BBI Price at posting:
5.3¢ Sentiment: LT Buy Disclosure: Held