Good News & Bad News, page-39526

I am reasonably confident shorter will lose betting against PLS

they can't keep it down below $3.50 at the depth of price collapse and a lot of negative headlines, that mean there is massive demand for PLS at this level, so any short shares they throw out it get soak up by an army of investors, now the tides have turn with price trending up.

$5 to $3.50 you can't really say the shorter is winning big but here is the kicker they going to get squeeze pretty damn hard once the recovery start, AusSuper locked up some of that soaking and there are thousands of investors like me just soak it up and hold

then once the squeeze game is on, traders will jump onboard and other hedge fundies will jump onboard making it extremely expensive for shorter to exit

$3.50 to $4.13 in matter of a week and 20% still short. I think someone going to get hurt and get hurt real bad
by the time the squeeze is done $5 they short becomes a $10 buy back and that counting the dude that short at $5.

plenty other people probably short around this level and under and they going to get stampeded in a couple weeks