Your missing the point I was making. A tight register does not limit supply in these situations. Top 20 loan shares out, no matter how tight the situation may seen, that is because they do not loose anything. They get their shares back, no matter what the price does and at no risk to themselves.
The shortening comment was relevant because too many on hot copper post how tightly a register is held and others then believe it must be a good buy, when this is not always the case. There was nothing personal in my comment about MNQ and I hope you do well out of it from your trade. I just don't fall in love with a stock and if I thought there was a 80% chance of it failing, I certainly wouldn't be holding.
Like I mentioned earlier, I see a short term trade here and many would have made money doing this, rather then waiting for the big announcement.
You can always buy back in on any big announcement. Your profit may not be a s high but the risk is extremely low and you conserve your capital and can buy other opportunities in the mean time.
Each to their own and once again, I hope you do well with what you hold.
The above is my opinion only and not legal or financial advice
MNQ Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
