PPJ Healthcare Enterprises Inc (PPJE)

[Ed the Trader]

Half the vol was shorted! Someone would be very desperate if this continues to gap up to infinity tmr. Haha!

Pretty much the only ones who can short subpennies like PPJE are market makers and they probably were shorting to cover the huge demand for shares today. When the running average for a stock is about 10 million shares per day, and then suddenly there is a volume of over 200 million in one day, you can figure that there will be lots of scrambling by market makers to find the necessary shares to facilitate market demand. That is why they are called market makers...