Monday, July 24, 2006 7:22:45 PM
The last 3 trading days averaged 230,714 shares traded for DESC.
2 points-
1) Makes it harder for "boatload" of shorts to buy back their 4,825,109 borrowed shares. (21 days to cover!!, Hardy-har-har,har, HAR!)
2) Last time 3 day avg volume was this low, was June 1st and 2nd of 2005. (I will let you look up the graph to see what happened later that summer)
Okay, 3 points--
3) All this and only 8 days till earnings and conference call means a high possibility of upside volatility coming soon.
Okay 4 points-
One things for sure, shorts are now locked in to their positions through earnings...
and one last point-
If you are long, you should hope for "no news" until cc, to insure max effect from Aug 2nd news "bomb"....
Ka-BOOM!
"NNNNOOO!!!, Ya STUPID RABBIT!! LIKE THIS!!!"
God Bless America!!!
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM