we have been living with the shorts for about 2 years now
and in recent times they have managed to reduce their exposure from about 65 million to 45 million owed shares
with the oft repeated question then being, how will they get out ahead and close their remaining positions, given that unlike MSB for example, the easy option of a CR is not available to them...
well in the last 2 days we have all seen exactly how they intend to close out their positions...
this by creating severe price instability in the stock
after all a fair SP is not just a case of fundamentals but also perceptions...
so if by rocking the SP boat violently they can create doubt / anxiety / panic in holders, those same holders will be willing to sell at a SP where a few days ago they were not
(it will be interesting to see how much added short was required to do this, but as always we are not allowed to know this until 4 days have passed)
and finally I don't believe that the trolls (of whom there are many today) work for the shorts
they are simply benighted misanthropes
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