GBT Technologies Inc (GTCH)

[bucks2pennies]

While I am determined to bash the MMs and their support of naked shorting, I do notice a change.

While I do not see the otc short report as 'accurate', it is the best available to get a good snapshot of shorting as it would affect trade volume on a given day.

Surprisingly, the last two large volume days had a vast improvement in naked shorting. Usually, shorting accounts for over 50% of the volume during the day. Those last two days showed that normal trade was well over any affect of shorting. That means to me, my interpretation, is that buys were far greater than the sell/replace effect shorting would normally have on the volume.

To me, that says there is more emphasis on retaining shares via consolidation or newbie transactions adding to the already large number of shares held in the strong hands of longs.

I think today's volume will support that theory even more.

More and more traders are grasping the need to realize the significant potential GTCH has.