Allied Security Innovations Inc (ADSV): I smell a 20MIL short squeeze.. EOD, CDE...

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Newdie999

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Monday, 12/02/2019 8:41:18 PM

Monday, December 02, 2019 8:41:18 PM

I smell a 20MIL short squeeze.. EOD, CDEL was struggling to cover in the 5s. You can see the sells CDEL used to try to hold this down in the 5s.. CDEL's wall got eaten alive. It appeared CDEL was shorting more/digging a deeper hole to cover lower. All the MMs moved to the bid in the 5s except CDEL. ASCM no longer protected CDEL either once we hit 5s.

Today's Short volume and Total Short activity volume:
From Reg Sho
20191129|ADSV|40091361|0|62008883|O

Short volume explained
We had 145million in total volume today
67million in buys (22 mil in short covers)
70million in sells (40million of that was shorted)
The total short volume being 62 million means less than half of today's 145million total volume was short activity. Shorts appear to be pinned as they have shorted more than they have covered today.

Everything said here is my opinion and should not be taken as investment advice.

“The safest way to double your money is to fold it over once and put it in your pocket.” – Frank McKinney Hubbard, humorist

BUY pessimism, SELL optimism.