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Re: Nobahamas post# 2174

Thursday, 03/19/2015 7:14:37 AM

Thursday, March 19, 2015 7:14:37 AM

Post# of 6624
Thanks for the short update.

Got me to thinking that with the tight float and low average daily volume traded, any significant news will explode the stock price. I wouldn't want to be short on the day of a positive GE announcement.

I'm also thinking that the shorts aren't stupid, so it seems unlikely that they will be heavily exposed leading into any such announcement. Therefore, short interest may be a nice leading indicator to meaningful news.

On the other hand, tight float and low ADV is the playground for manipulation. Moves of 30% on news would not surprise me, not at all.

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