Stef07: Usually companies stay away from announcing between the holidays. Too many people are away so my best guess will be January sometime. Again, today's trading showed nothing but buyers.
I was curious about yesterday's trading and I asked Tom Ronk to supply me with the shorting that went on yesterday. The numbers were as follows: Total volume traded: 377,600
Total volume shorted: 71,200
That leaves the remainder of the volume due to real tax loss selling over 300,000 shares.
I knew there was tax loss selling but I didn't know how much.
When the shorters see selling, they pile on real fast and that was the case yesterday. Today was all buying and probably some of that volume is attributable to short selling. When and if the squeeze trigger price is surpassed and held for 3 days, all hell should break loose. The squeeze trigger price is .076 now so that shouldn't be impossible to breach.
