IMU - Broker Data, page-134

been saying this for the last 2 weeks since the recent lows that IMU is actually a nightmare of a security to be taken short. wasn't suprising to see a 26% rise over last weeks trade but is it the end here? this rise only paints a new picture for me and a sad one for those on the wrong side of price imo. IMU has always looked healthy to me from the first moment I opened the price chart and still believe it's bound for higher prices next week. There is a perfect storm setting up for the longs having secured funding and hundreds of millions of shares on the short side held for investment imv this could result in a wide spread assault on the shorts. I short and I know it's not safe to be short on IMU and continue to believe it's not safe even at 4.3c so It's not a surprise to me or those following along to see price back here the surprise is on those who continue to hold short in the opposing direction of price imv...

the smart shorts got out last week the smarter ones got out on the first wave up to 4.5 over a month ago. could be quick and lethal from here as shorts fall victim to manipulation and scramble to close out many for a lose. A classic bear trap. also I think most here are short because of the market cap and ignoring price!! at the end of the day if it was meant to be valued lower it would have been valued there but it's not. So we need to rule out the bias of thinking the market cap one has in mind is more suitable when most in the market are in harmony with rising prices .. so those who are focusing on the cap and ignoring price and the risks of a large scale short covering event will be the victims if the pros decide to continue with the move next week.

p.s when there's fear no one cares for a market cap just their bottom line then imv all imo and not advice just seen this type of manoeuvre come alive over and over in my time and may result in the same way. gl to the longs

dip in short interest on IMU below