Just curious, how much do you think it would take to create a good short squeeze? Vol has dropped to less than 200K. What if someone hit the ask all day long for the daily volume do you think they would be able to short another 200K shares? Nyrnes says only about 300K shares out there unaccaounted for? If someone took 300K position certs in hand would that put and end to manipulation?
Also, if no shares are available for shorting how are they keeping the price down? Still piling on more naked shorts even in this environmnet where naked shorting is being looked in to?
Like I said something just doesn't add up and I can't put my finger on it but am wondering if there isn't a very large opportunity to be had here?
Also, if no shares are available for shorting how are they keeping the price down? Still piling on more naked shorts even in this environmnet where naked shorting is being looked in to?
Like I said something just doesn't add up and I can't put my finger on it but am wondering if there isn't a very large opportunity to be had here?