Ubiquitech Software Corp (UBQU)

[transcendself]

Now the problem will be all the shorts that got in at .0059 multiple times in the last few weeks. They will sell when it hits .0079 and make their .002.

Anything over 25k shares would make money on that small uptick.

It would have cost about 150$ to get that many shares at .0059

And to sell at .0079 would get them a 50$ profit.

The thing is, there were larger buys than 25k happening at .0059, much larger(1000$'s in profits) so those buyers are gonna be even more motivated to sell. And those selloffs will drive it even farther down.

This will push it farther down soon imo...

Just saying...