Wednesday, December 07, 2016 1:52:27 AM
Excuse me!
Cash please correct if i misrepresent your post, but didn't you posted at .05 you were shorting?
The next day at .08 you posted that you were paying up your margin to continue the short?
The stock rallied 3x from there! Since I've heard you post to listen to you and the mods? Isn't this right?
The short interest is much bigger than anticipated. They missed the boat at the top and are .01 to .015 away from break even.
You can see today that someone was selling big blocks at high point, volume picked up but the stock rallied through. This is extremely strong indicator that short pushes are no longer effective and they have no powder left.
Expect today to hear their back office closing their position or Christmas gift reduced if they don't close position out.
Low volume environment with large short position doesn't need any promo or releases
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