spare a thought for the shorters, page-15

ispicer,

Give me a break. This forum is plastered with shorters crowing on bad days. Even on days like today some are talking down the rise.

I am still expecting plenty of down days but down days only hurt the longs if they are leveraged and have calls made (and they are forced to sell). These days most of us are deleveraged and even cashed up (I certainly am) and can hold for the turn-around in sentiment. I can look past the bad days and even pick up more.

Shorters usually have leverage in some form or borrow the shares (for a price). The large shorters are also usually hedge funds subject to redemptions. For them this is somewhat of a battle for survival. It could kill their fund if they lose. I have no idea at what price capitulation will occur, but when it does, there will be an unholy rush to cover their bets. And shorters will be a threatened species.