LIG Assets Inc (LIGA)

[Saving Grace]

MM's have to cover by the 30th so it is important that everybody locks their shares by placing a sell order on them right away for something much higher. This takes your shares out of the game.

What set LIGA apart from the list on the short report for me was the 100 million mark sold short being hit on FRI. for one trading secession.

This tells me that the MM is forcing and needs to cover his short position quicker than leaving it sit idle for the fear of being squeezed. The MM is the one who has the fear of being caught short for some reason here.

Like I said somebody knows something and a rally always starts with a short covering in the beginning. Big blocks being bought is an early sign for the turn around while shorting continues but begins to diminish.

http://otcshortreport.com

"Short covering is generally responsible for the initial stages of a rally after a prolonged bear market or a protracted decline in a stock. Short sellers usually have a shorter trading horizon than investors with long positions. This is due to the risk of runaway losses on a short squeeze, so they are quick to cover their short positions on any signs of a turnaround in market sentiment or a stock’s fortunes."

http://www.investopedia.com/terms/s/shortcovering.asp

P.S. Wise King, I don't have PM but I hope the above helps you out.