Hello Dan and others;
Just to give an idea of some of the risk that the shorts are taking on?
We know there is a reported 3,000,000 + number of declared shorts, now there seems to be a consensus among this deals market-professionals that the "UNdeclared" position brings the total up to 6,000,000??
To cover that position would be a full weeks trading volume at a heady 1.2 million shares a day ( even if no one else bought a share)!!
That would definitely be a meteoric, hyperbolic type move (the best kind!!).
"With thanks to Mesa1"
And these shorts come here and tell us about risk, who is kidding who here, if there is a halt, there will be a "great rushing" sound coming across the market landscape, not to mention a distinct odour??
With regards,Frank |
