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$ECDP – SHORTS BACK ON THE ATTACK –

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Stockstax Member Level  Friday, 01/22/21 08:22:05 AM
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$ECDP – SHORTS BACK ON THE ATTACK – TIME FOR ANOTHER SHORT COVER!


We have been following the epic run of an up and coming monster in $ECDP Eco Depot Inc.

Shorts started attacking the stock in mid December and we saw a run from $.50-$5.50 over a few short weeks. However that did little to slow down retail investors who showed up in droves! With an attack by shorts on 1/15/21 from $5.50 down into the mid $2 range we saw covering, retail take some profits and a bit of a panic selloff.


Now we are seeing the shorts getting buried back in the stock and its time to lean on them and push for a cover, take a look!

RegSho Data over the last week in $ECDP:



Total Trading Volume Short Volume Percentage Short

1/14 415,088 271,244 65%

1/15 1,787,070 490,637 27%

1/19 588,802 224,756 38%

1/20 349,508 222,164 64%

1/21 313,737 228,737 73%


What does this data say? It says $ECDP had over 60% of daily volume prior to the induced panic selloff by short sellers. That allowed them to cover their short positions on 1/15/20. Since that red day and healthy pullback last Friday we are seeing the shorts increase their shorting on a daily basis from 38%, then 64% and yesterday 73%...

Looks like a pressure cooker and we already have seen what happens when this low float beauty sees retail lean on shorts!

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