for starters, the mm's covered a big chunk of their shares on friday, forest and rico already pointed this out. the short position may not be as large as everyone thinks, imho, but that does not stop all the mm games anyway, they will continue to panic people. secondly, the float size remaining should not be as big a concern as who owns the float, strong hands or weak hands, if the float did get too small, which probably wont happen, the management could release some shares in a hurry to rectify the good problem to have. uselton is very aware of mm dynamics. in my conversations with him, he had several plans already to address whatever games the mm's want to play.
macker |
