I'm waiting patiently for the scare campaign to kick in around this one... I have another parcel to buy.
The short levels (as far as I can tell) include shares borrowed but not actually sold. So if that is the case the levels wont all have to be covered through buying stock on market. That may also explain why the short level hasn't dropped the last week, they only need to open a similar number that they purchase (not sell them) and then when ready they can return the shares and we see a big drop in the short percentage... 4 days later.
I'm not saying the short levels are not high. Just that I think the inflated "high" levels have dragged in enough "smaller short" positions for the big boys to use as kindling...
Burn LT holders on the way down... Smaller Shorts on the way up.
I hope I am wrong and they all go up in flames, but I'd say at least some of the big players have had the exit strategy all planned out from the beginning.
For those that don't...
Tick Tock.![]()
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Shorters... Good luck!, page-674
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