what would this tend to mean about future price of BORL stock?
That's economic 101. If you have less supply of something even at the same level of demand, prices go up. In this case, 10% of BI is less than 50M, an amount which is laughable for many of the institutions. If the perception about the company changes, it will only take a small amount of buying from these institutions to make things very ugly, very quickly for the shorts and the call writers.
As God prepares to go before the senate hearing next week. If he is asked about the anti-competitive behavior toward BI by the raiding of the rank and file last year, be prepared when he whips out the poster child. And show how MS encourages competition (witness Gross's statements, MS PDC), and the mention of how well BI is doing. This could be the national attention that Mr. Yocam mentioned that it's hard to get. One way or the other, the Wizards of Scotts Valley will change the perception of BI to the investment community, but it'll be faster with the help of God.
With less and less shares to go around, the stage is set for a head on collision between the Yocam's Express and short sellers and (Wade Cook's students) call writers. It's not going to be a pretty sight when the shorts get squeeeeeezed, but the bulls will be smiling :-) It's payback times.
All aboard the Yocam's Rally. |
