UnifiedOnline Inc fka UOIP

[Scruffer]

Understand sell, then cover but rising market

First, thank you for the information.

>> Completely understand to sell then cover, but in rising market, the volumes were not this extreme.

>> The float is held tightly

>> Easily borrow shares in-house or from another MM

>> Especially, notorious shorting from overseas markets

>> Seen it a number of times

>> They deliver shares, but from someone's inventory

Granted, I may be wrong on the total volume short, but it's gotta be at least 50M+.

There is no other way to explain it.

I've watched this stock daily and volume was just not there to cover daily on selling then buying back.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=uoip&insttype=&freq=1&show=&time=7

If pick a historical day when trading b/t .002-.005, they were doing this consistently. Caught in rising market!

http://regsho.finra.org/regsho-Index.html

JMO, Scruffer

P.S. Justified my rational is second link of original post. It's the MM's SOP, "Standard Operating Procedure".