Flitways Technology Inc (FTWS)

[DcLich]

The pinch play has started and was the trigger. (pinch play is highlighted while the range to focus on is outlined in blue)




The squeeze is ahead of us. There are probably some who shorted under .10 but they should have covered by now. The squeeze should come from the large number of shorts in early November to late December. Granted, many of them have exited with profit, the high volume of short activity during this period is right in the range we are trading now (Dec 1st - Dec 15th). Here's the data.



The extreme thinness of sellers that was evident of Friday, combined with no evidence of note holders or dilutive shares being issued, and the favorable short sale data in this range, points to the high possibility of further gains this week.

BUT, this is the pink sheets, and the companies are not always fully transparent, so the issuance of shares could be hidden from the filings, and is almost always the main deterrent in an upward move. Volume this week will be the tell