PDX Partners Inc (PDXP)

[Mariner*]

Xlent post SOG, peeps please read this segment in SOG's post at least two times, if not three times, to let it sink in a bit...
Basically, SOG is putting into words what the chart is trying to tell you, but doesn't have a mouth, or a keyboard...lol
A bit long, but a real good read, here are some highlights that I think should be imbedded into your psyche.

"As the float and share structure get smaller ("With No Dilution Present"), the channel becomes wider as a result of larger spreads and price swings. If in the event you have a tighter swing in a wider channel (like we have), this indicates the price is compressing due to manipulation ("Really Bullish"). More so since we had two HUGE things get announced this week. If stuck on the wrong side of a fluctuation, I understand why you would be upset. We’ve all been there. Ultimately however, it’s just impatience.

"$PDXP channel is growing tighter and the float much smaller which means the run coming will be much higher and further than it would have if it had run immediately on the “news” you proclaim pennies always run on. The trading action here is clear. As more shares get accumulated, the float gets smaller and smaller. As more shares get shorted to continue the manipulation and entice some retail sells (and allowing MM’s to accumulate more), this increases the likelihood of an EPIC short squeeze because the short volume is increasing significantly by the day and the bid support is soaking up and overpowering the short volume.

To clarify, because we have had a significant jump in short sales (small 10k lots) but we have had a higher level of bids and buys), the shorts have to spend more money to accomplish their original goal to force the price down for cover. This increases the amount of shares short (and at higher prices) and because there isn’t enough shares for them to cover at these prices, they will be forced to buy them at higher prices gradually. It’s a dead end street really and thus why we have seen with previous chart patterns the process typically only lasts 2-3 days in most cases, with 7-10 days being much less common. "This is largely why we see a daily fluctuation of price or the perceived “decrease” despite there being no relative price decrease below the channel".

"In other words, the price is trading exactly where it has been for the last two weeks. Better for you and everyone else that has a position here because it sets up the next leg to see a much higher gain. Did it take more time? Yes. Does it matter? Not in the slightest".