Well sure, Carl, go ahead and pick on Graystone with some nitpickey little meaningless semantical argument, if you can't find anything else.
No, Asensio didn't create a short situation, most every stock I ever heard of had a short position. But what he did do was set up a short psychology, which I would imagine increased the short position on the Amex very rapidly. The price dropped, of course, because people were aware of his market power, even longs who would have bought held back. He moves stocks, he is able to do this because there are people who follow him around and trail his trades. They say he always gets it right.
Well, not this time, imho.
Oh, and Carl ....... your bias is showing ....... cheers ...... marcos |