FMLY: QuestSolver reported that FMLY is out of SHO list now; the MMs may let her fly soon; watch it.
Posted by JimSC on :
0.016 -- great entry point for the 2nd bounce..
Posted by ATL8ball on :
JimSC...
What is the SHO list??
Thanks
Posted by JimSC on :
SHO list is a list of stocks that are being sold naked-short by the MMs. The MMs sell them without borrowing from another party. This will pull down the pps, so they can collect the cheap shares. After a certain tays they will have enough shares to cover what was negative at a higher pps. A stock will run only after the MMs have collected enogh shares at the bottom.So when a stock is just out of the SHO list is a good entry point. Do your DD --- play your own game.
Posted by ATL8ball on :