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Re: None

Wednesday, 01/16/2019 1:22:51 PM

Wednesday, January 16, 2019 1:22:51 PM

Post# of 4193
Just an observation about short interest in VEND:

After bottoming out at 277501 shares short on 10/31/18 (per OTC Markets info), short interest increased by 85k shares between then and 12/14/18, with nearly 70k of those shorts happening in early December when the stock price was still above $1. At the current price of ~$0.60, those 70k shares have a potential profit of ~$28k.

It's conceivable that there has been some covering lately at 0.6-0.7 per share. As someone else noted there have been several large blocks bought recently with no increase in the ask price - rather unusual in normal trading activity. The same was true yesterday with an MM known for being involved with the shorts letting relatively large blocks go through with no increase in the ask.

Would be interesting to know the current short interest but OTC usually has a delay of a month in publishing that number (last number was 363,040 as of 12/14/18, some month+ ago.) If anyone has another source of short interest please note it.

Alvie

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