Sunday, August 16, 2015 10:23:40 AM
Short Interest at 21,100. Has "never" been higher except Feb 2015 at 41,931. On June 30, short interest was 0. As of July 30, it is the 21,100. Curious what Aug 15 will be?? Check posts beginning around #278
I like this company, med sized float/outstanding shares, product, niche market, PhD's, filings current etc...
BUT, the shortys are devastating this stock, like most MJ stocks.
Historical Short Selling Data For PKPH
Date - VolShorted - High - Low - Close - ShortVol - RegularVol
Aug 14 - 93.54% - 0.105 - 0.083 - 0.089 - 28,980 - 30,980
Aug 13 44.39% 0.10 0.07 0.10 43,000 96,862
Aug 12 94.55% 0.099 0.09 0.09 21,756 23,009
Aug 11 0% 0.10 0.10 0.10 0 0
Aug 10 70.41% 0.10 0.10 0.10 1,190 1,690
I watch this and 2 other MJ stocks very closely and around end of June the shorting started to become excessive!
2nd Q financials out, look good for a startup, they got revenues and they did a buy back of their stock with $150k of the revenue... smart people.
If you wonder why the stock does not increase, ask the shortys.
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