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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST
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To: flexinvesting who wrote (4201)4/24/2016 12:34:31 PM
From: tktom  Read Replies (1) of 4474
 
However, the next hurdle in my opinion will be having to clear out the shorts as the pps can not go higher (unless there is a severe squeeze) and with that perhaps that is part of "the plan" (a controlled covering) as the current short level has allowed safe day trading along with accumulation to go on for the big boys.
I'm not familiar with "controlled covering". Care to explain that, please?

And, by definition, shorts that cover will cause the share price to rise, all other conditions being equal.
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