The float is shrinking, current and new investor interest is picking up(rendering greater demand and decreasing supply) and short volume is sizable. There is greater and greater competition for the shares these people need to cover and close out their short position(s). Dips are going to get bought up like crazy here. We may even be lucky enough to see a true short squeeze of epic proportions when the right news is released.
Now, considering we had a four day week this week, and one of those days, yesterday, we traded a total of 115,519,911 shares, which was also our highest overall volume day within that four day period, gives way that the short volume mentioned above accounts for more than 25% of the total weekly volume. The actual percentage of short volume for the week was:
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