ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

I think ALL SHORTS are in the process of covering.

So long as the sp continues to runup towards 52-wk highs, logic and the laws of statistics tell us that there will always be TUTs (and I say TUTs because in this situation, I still believe that it is not only suicidal but too cost prohibitive for retail to be shorting a penny stock down at .20) who will continue to take daily stabs at shorting because they believe that they have timed a top. It is no coincidence that the rise in daily short sales volume has occurred at around the same time as this runup.

As I’ve stated previously, so long as the sp either stagnates or continues to rise, attempts to short will ultimately benefit longs as every share shorted that does NOT have the intended effect of bringing the sp down now becomes impotent and now translates to an additional share that MUST BE PURCHASED in the future – and whether that future is intraday or a subsequent day makes no difference as bid support ALWAYS helps.