jack matalka

Of Rumors and Bank Runs

I bow to you in amazement. Putting your name next to the garbage
that comes from this column. The investing public is aware of what the shorts are doing. They'll wait them out. Sooner or later they have to cover what they (borrowed or believe borrowed) and then we'll see who gets the last laugh. There are 400 millions shares shorted recently. 85% of WM is institutionally owned long term. Not available for trade. 15% available for trade. Thats about 200 million. Do the math. Too many shares shorted not enough
available to buy back. Its a waiting game. Holders vs shorts who will give first? My money on the shorts. They'll give first and stampede the available shares and send the stock to double what is now. Your guess is as good as my guess.