Thursday, September 11, 2014 6:15:02 PM
My theory - this was a house cleaning move designed to remove weak retail that entered this spring/summer. Volume by price says not many fish in the sea until you hit $10, and that would take quite an investment.
Reported short interest is relatively small, stock is 81% insty owned. Perhaps it is the brokers running the stops to clean up their books and prepare for the next leg up.
I'll be keeping a close eye on margin call day...
Reported short interest is relatively small, stock is 81% insty owned. Perhaps it is the brokers running the stops to clean up their books and prepare for the next leg up.
I'll be keeping a close eye on margin call day...
In Peace, In War
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