Maybe I don't understand your post, TMex, but if everyone is shorting TAVA, why is the price rising? You'd think if everyone was shorting, all that selling would be driving the price down, not up.
Also, aren't the earnings adjustments old news and already factored into the stock price? The bottom line is if TAVA comes up with a good CC and earnings report, the stock will rise quickly. If not, the stock will fall quickly. It seems to me that very little will happen until the 12th that will have a meaningful impact on the stock price, least of all these already released announcements.
Finally, please explain how can you can tell TAVA is a short from your Level II screen? I'm definately no expert on this, but my understanding of these screens is that they show the bid/ask of the various MM's. Are you saying you can tell from the closing positions of the various MM's today that TAVA is going to tank near-term? If so, why did it close up today?
Sorry if these are dumb questions, just trying to learn. Thanks.
Dave~ |
