This mornings action is good evidence to me that there is a large short position out there. After the run up in the first 15 min, someone attacked the bid with a bunch of 500 share trades. If this was shell sellers trying to unload shares they would have been able to get rid of alot more if they sold into the rally in the first 15 min, instead of waiting until the volume dryed up, which is a classic short strategy. I have also noticed that our big buyer, using the MM JEFF, is off the bid and has been for a week now. Without his support we would have been under $2 a long time ago, which is where I'm afraid we are headed now unless something material news whise happens soon.
