Listen Pulaski, get a clue.
I haven't gone anywhere. Unlike you who must point out every tick (erroneously) of the stocks that I mention, I told this thread before that I am not going to come on this thread and bash GIFS because it is up a little.
As for the short covering...
You really are on cloud nine Jaime. WHY WOULD YOU THINK THAT SHORTS (not saying I am or not) would care that much about GIFS at $1.75-1.87? It was higher than that just a few weeks ago. IT HIT $2.50 after the CRIC announcement. You didn't see them all scared and nervous back then now did you? Why would now be any different? Also, the thread seems to have come to the conclusion that the shorts got themselves in trouble with invalid shares so they tried to short more and more to get themselves out of a fix. DO YOU THINK SHORTS ARE STUPID? What makes you think that they didn't short a bunch at $3-$3.50? Maybe all this buying that everybody is talking about is simply short covering from $3+++ ? If the shorts were SO worried about not having valid shares to cover with, wouldn't they have been slowly covering at 1.50? They have had many chances. GIFS has sank to $1.50 on several occasions.
Like I've said before, I think this short concoction is all a big scheme generated by some people that want to make people think that they just need to hang on and wait for some miracle. Maybe these people were the ones doing some buying to make it look the squeeze was about to start. Makes sense doesn't it? Create euphoria over some fantasy short squeeze, buy a few shares to get other investors to nibble, the price starts going up, people jump in because they don't want to miss the boat, and Whammo! They use this opportunity to dump more shares. If you think this sounds funny, just take a look at Jaime. He (I'm assuming that Jaime is a he) announced that he tried to buy 5,000 shares today. Why didn't he buy a bunch when GIFS was cheaper just a few days ago? If you are total believer in the company like Jaime is, you would rather buy it at 1.50, knowing that it was a good bargain. But no, he waited until GIFS started to move up and showed some signs of a squeeze. When he started to see it moving up he got sucked in and put in an order to buy. This shows that either Jaime is full of s***, and is less confident in the company when it starts to go down, (trading technically), or he just came into the money and didn't have it to buy GIFS when it was cheaper. I highly doubt the latter.
If you come on this thread and promise people that GIFS is going to take off, and it get's a little bump after that, soon people will start buying the first time you mention that the rocket is going to take off. You won't even have to buy some to create a false illusion. People will just buy because you were right in the past and they will then use this opportunity to dump some more shares.
Chew on that for a while. I'm not going anywhere. I comment if there is something worth commenting on. Most posts are about birds, rockets, fishing, and telling each other that everything is going to be ok... |
