InvestorsHub Logo
Followers 1
Posts 496
Boards Moderated 0
Alias Born 10/31/2011

Re: goforthebet post# 14699

Monday, 01/28/2019 9:27:22 AM

Monday, January 28, 2019 9:27:22 AM

Post# of 15377
As of the middle of January, short interest decreased by 10,000 shares from 100,000 to 90,000. The share price increased every day during that time period. Since then I will guess the short interest has increased again since there has been an increase in selling pressure. We won't get those figures until around the 10th of Feb. If the short numbers have actually increased again, whoever is selling is confident the share price won't explode upward. With news releases like MKGI had this morning, I really believe it's a bad bet.

We'll see in the next few weeks as more and more companies come on line.

Good luck