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Friday, August 19, 2016 1:57:25 PM
Read post this post responds to and the one before that for more background here ...
AEXG and CDEL appear to be making an attempt to hold back the PPS while they cover a short position.
Historical trading looks as though AEXG was shorting in front of an old shareholder selling through CDEL - only they shorted too much. Now they need to buy back to cover a short position.
PURA's progress is driving buying interest.
AEXG showed an offer this morning to try and cool buying interest. CDEL was the best bid trying to pick up any shares that came out.
It looks like my previous post called out the AEXG offer and CDEL bid and now the Bid has moved to NITE.
The best bid still looks to be a short cover attempt.
If PURA progress and news continues and buying bypasses that cover bid, the short squeeze is on.
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