Zevotek, Inc. (ZVTK)

[funmaxus]

Nice find halpern6. The Short Squeeze link for ZVTK shows a short for 1,786,500 shares on trading volume of 230,037,856 which was December 24, 2009. It would appear that the recent spike in posts by individuals not happy with the increasing share price is directly related to the recent spike in shares shorted. See below for a static screen print for the last 7 trading days followed by a static screen print of Short Squeeze. As a few have indicated previously, nice healthy pullbacks occurred during intraday trading that tested the lows and each time, the supports have held. The stock prior to December 18, 2009 was showing a consistent pattern of higher lows, so this trend of higher lows isn't new. Despite a short trading day on December 24, 2009 and individuals being on vacation, the stock demonstrated high trading volume per hour. Indeed, extrapolating the shares traded per hour to a full trading day would have December 24, 2009 as the 2nd highest trading day of the week, with perhaps a breakout of the magical penny resistance barrier. Considerable price appreciation is available, for both short term and long term investors as the company is expected to release additional PR's.

fun

7 Day static chart

Short Squeeze link http://www.shortsqueeze.com/?symbol=zvtk&submit=Short+Quote%99