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Saturday, 09/15/2018 1:37:34 PM

Saturday, September 15, 2018 1:37:34 PM

Post# of 192275
I like the price action at the eod Friday, looks like some covering happened at 39c and the MM was scrambling for shares as the price started bounced in 20% swings over the last few minutes. We will see if it continues Monday.
Many that wanted to cash in on the 15M March private placement shares becoming unrestricted in August probably has now. My guess is the jump in short interest was those shorting on the price spike at the end of August before their shares became unrestricted. Then they just cover with when those shares became free. From the dialog here, my guess is some short interest here also. We will see in a few days when the new numbers come out if it drops back down.

Also I'm looking forward to seeing what happens when all the sellers run out of shares finally--there has literally been selling pressure since February with shares from cash raises to pay off all the debt--which should start clearing now.


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