Monday, February 11, 2019 12:52:17 PM
Notice on Friday the volume was huge and what followed was a concerted effort by shorty to cover.
I know that this issue was manipulated over the past and do to inactivity over the same time period, shorty did not have the volume to get out until Friday and this probably came about on the possible LOI that was spoken about.
Shorty controlled 76% of Friday's volume and this is usually indicative of coming events. Their % of short in the volume is very high and this can be very problematic for them.
We are seeing this today and I expect tomorrow's action of today that shorty is still active and probably will be noted tomorrow.
When a company has 1.6b SS and this being a shell tells me they are very concerned to cover until they are in a more relative position.
This will end and then the we should continue on the potential intent of the company.
Notice the naysayers. They always seem to come on with their absurd defense, but this too will pass.
When you get this type of volume, shorty can't afford to be squeezed by a robust run.
I believe shorty was very concerned with the volume on Friday and are making a concerned effort to balance out.
Have a good day
varok
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