09-20-2012, 11:31 AM
'jft310' pid='10063' dateline='<a href="tel:1348085 Wrote:Way more longs coming. The shorts only have so much ammo. New stocj coverage to driveus higher. WE bought the dip.
Ken,
Could it be that the shorts are actually bullish? If one really believes it is going to happen in the next 60 days one could sell short and buy leveraged calls and leverage them 8 to15 times depending how far out they want to spread them.
It also surprises me a bit that they can borrow these shares when I know of one account that Schwab returned about 30,000 shares recently due to lack of borrowing demand.
I believe this truly is a tightly wound spring, and if the hedge funds are playing this way, they could soon be winners.
CF