Friday, January 13, 2017 10:15:34 AM
Regardless, the volume has dried up and the stock is ticking up!
The "illegal" shorts are having to cover, and the way I know is my broker, who isn't a retail guy at Swabb or a bank who couldn't make it with the guys on Wall Street, is being called with requests for private treaty trades from guys on desks at market makers.
If theses guys who are short didn't have to cover their position and they just wanted stock, they'd put up a bid at or above. But, this meathod gets expense and they lose money. Pretty simple, they wouldn't be calling my broker for stock if they thought they could cover at a profit.
So, hold your water shareholders, this stock is going to move back above a dime if supply dries up. Don't give in to hysteria or the so-called "technical" experts like I-glow who wants to buy cheap.
This company can be a good company and good companies with a real a shareholder base can drive off shorts and market manipulaters. Just go research VW!
DONT FEED THE SHORTS.
FEATURED North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • Nov 4, 2024 9:00 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
Rainmaker Worldwide Inc. to Assume Direct, Non-Dealer Sales of Miranda Water Technologies in U.S. and Mexico in First Quarter of 2025 • RAKR • Nov 4, 2024 8:31 AM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM