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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: The Vet who wrote (12152)2/23/2008 6:24:55 PM
From: Wade  Read Replies (1) | Respond to of 29622
 
These are scary thoughts.

<However as the short position increases, each GLD share held is backed by much less than the quoted amount due to the share dilution effect of the shares sold short.>

This is exactly what we are seeing right now. These massive number of shorts are not afraid of short squeeze, it seemed to me. This is a show down. We need TSL's steamroller... haha