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Re: highonstock post# 2180

Thursday, 01/24/2008 2:16:09 PM

Thursday, January 24, 2008 2:16:09 PM

Post# of 26430
Not easily. Here's the best I can come up with

Go to stockcharts.com and do the following:

Enter SLWF as the symbol
Chose 'Select Start/End' as the range and enter a week ago as the start
Select 'Volume by price' as an overlay
Click update

What you'll see is that for the last week (actually for about the last 2 months) volume at .0002 has been 2 - 3 times the volume at .0001.

To me that says that the MMs are going very short this stock, expecting it to drop so they can cover lower. They know that the supply side of the equation is unlimited, so they can short with impunity.

Note that total volume for the last 2 months is around 2.5 billion. You can see this by switching the period to 'weekly' and then adding up the values for the volume bars.

JMHO

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