Telewest will recover

Good point elemis

If 80p is tested and taken out then a self fulfilling prophecy takes place, and with people buying in, the shorter/s will have an uphill struggle. At that point it may be wise to start closing all shorts, as their is to much resistence against the downside. For now I can see the group again trying to keep things down. Remember we are testing phase two of the short and at the moment winning. What is phase two? "The heavy short." This is the roughest of the three phases.