• each and every $1 move up costs the shorts over $160 million
  • since Monday that is the amount the shorts have given up on the BBRY freight train
  • once $18 is hit likely all shorts are underwater
  • better than 90% of the nasdaq shorts are underwater
  • the banks loaning those shares likey have given margin to the shorts who now must cover
  • the BBRY short trade should be causing some sleepless nights for lots of bankers
  • QE:BBRY may be required from Obama saving DemoCRIPS & a few ReBLOODlican banks
  • this would make Obama complicit in the naked fraud game
  • today the BBRY short position on nasdaq is worth $3B
  • how many banks in the US failed over smaller trades during the mortgage fiasco
  • in Canada the BB TSX short position is declining as the short squeeze gains momentum
  • it is now believed that many AAPL longs used BBRY short gains to finance their AAPL longs
  • as AAPL unfolds expect to see it sub $350 and BB / BBRY in 2x 3x 4x 5x 10x 100x territory
  • next stop $30, Blackberry is the apple of my eye