Provectus Biopharmaceuticals Inc (PVCT)

[vorlon1966]

What it seems is going on.


I am studying the level two. You have 100 share blocks trading back and forth between two market makers to try to walk the price down.....but you have one market maker buying them up to keep that from happening. It appears that EDGX is the market maker for PVCT. Cantor was the MM on the OTC towards the end for the purpose of steadying the stock for uplisting. Since the uplisting I have been watching EDGX closely and have determined that their behavior indicates that they are the new MM for PVCT with the purpose of keeping an orderly market.

What this means to me is that if there were any shorts out there then they already shot all their ammo....it also means that buyers are sitting on the sidelines to see if this is the bottom. The possible short players got another law firm to jump in to the baseless suits in an attempt to stir up selling....to no avail.

If....and I mean a wild ass guess "if"......if the shorts haven't covered and they announce an India deal soon (which means all the money needed to get PV-10 to the end) then we have the perfect storm for a short squeeze of epic proportions.

Things look interesting again.....time to break out the popcorn once more.