AAP Inc (AAPJ)

[SPM555]

The shorts shorted 82 million shares in just one day on 1/12, and all of those short sales were below the current price. Yesterday wasn't even a million shares traded, there's barely any shares left at these prices let alone finding anywhere near enough shares in the .002s for them to cover just to break even. 56 million FTDs are a problem that won't go away until they are found and covered, not to mention the shorts that didn't end up as FTDs.

It may not seem obvious to the untrained eye, but imo just holding at this price level (above the short sales) with the volume drier than the Sahara is a bullish state for this stock to be in. I have to assume the company knows this and will be taking steps to take advantage.