美美8888（SG） : Still down
Duskerdawn : 8x more short positions of course it will drop by 30%. But if there is alot of short positions it also means that when it goes up the climb will be equally strong as the shorties will be forced to cover their position.
傻B先生 : Cover at 50..
101863649 OP 傻B先生 : already cover at 90. CRY.
101863649 OP Duskerdawn : thanks for the insight. newbie here.. dont quite understand the technicalities
傻B先生 101863649 OP : It will baxk
美美8888（SG） : Still down
Duskerdawn : 8x more short positions of course it will drop by 30%.
But if there is alot of short positions it also means that when it goes up the climb will be equally strong as the shorties will be forced to cover their position.
傻B先生 : Cover at 50..
101863649 OP 傻B先生 : already cover at 90. CRY.
101863649 OP Duskerdawn : thanks for the insight. newbie here.. dont quite understand the technicalities
傻B先生 101863649 OP : It will baxk