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Re: hurley cruppers post# 5699

Thursday, 02/09/2017 9:08:46 PM

Thursday, February 09, 2017 9:08:46 PM

Post# of 8023
"The short interest increased largely on us. What is any ones thought on it."

My thoughts are that looking at the share price activity during the period that short interest covers, it is not surprising that the short interest was up so much. The period covered was January 13th to January 31st.

On January 13th the share price was $2.95.
On January 31st the share price was $2.60.

So it took almost a 50% increase in shares short to create a .35 reduction in share price. I would say that is a very bullish sign. It confirms what I have been posting all along, that there has been a concerted effort to hold the share price down and it has not been very effective. It is also a good sign that in just the last 9 days we have gained back half of the lost share price.



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