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See what the increase in "short interest" did >

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trader53 Member Level  Tuesday, 02/28/12 07:50:52 AM
Re: trader53 post# 24175
Post # of 48602 
See what the increase in "short interest" did >

to the stock in the first week of December 2010.

The stock jumped > from 0.014c to 0.15c


2-charts


Date ________Short Interest __% Change Avg. __Daily Share Volume

Nov 15, 2010 29,584 _________8,072.38% __________150,704

Oct 29, 2010 362 ____________100.00% ______205,680

http://www.otcmarkets.com/stock/SUGO/short-sales



The possibility of a short squeeze is one reason some analysts look at a high amount of short interest as a bullish indicator. Short Interest is the fuel, performance is the fuse.

http://shortsqueeze.com/?symbol=sugo







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