Videolocity International Inc (VCTY): Post Unavailable Additional Informati...

furious3 · 2010-02-14T17:53:46.5430000Z

Here is a little article that show that it is definately not too late to get in here. http://pennystockgurus.blogspot.com/ VCTY - A Short Squeeze On The Horizon? VCTY has surged in recent days amid record volume. Between Thursday's 88 million share day and today's 35 million share day - 123 million shares have traded hands. Now consider the fact the only 105 million shares are authorized to be in circulation, something is awry. Market makers help maintain an orderly market. What if a market maker, in trying to keep trading for VCTY orderly and liquid, sold shares he didn't have to achieve this? It is not an uncommon practice and the NASDAQ posts a list of stocks with current fail to delivers here: http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold . These are stocks where shares have been created out of thin air and sold, which is something a Pink Sheet market maker feels he can do with little recourse because he assumes the stock will fall back down to where it came from.... but what if it doesn't? What if the market maker doesn't know that the volume of the stock is far beyond what it should be for the current authorized share count? If this is indeed true a significant short squeeze would occur vaulting the price of VCTY shares much, much higher. On Thursday VCTY traded almost 88 million shares or over 75% of the current authorized. I understand some of those shares were day traded, but even if the outstanding share count is 105 as well (which it isn't) then almost all of those shares would have been traded in one day. It just isn't possible or likely. The more likely scenario is a market maker, in an effort to keep trading orderly sold shares he didn't have knowing, or starting Tuesday hoping, he will be able to buy them back for a lower price. I don't think he'll be that lucky. VCTY has many things going for it currently, besides from the obvious buying interest, price momentum, and low authorized share count. The stock was recently taken over by Mina Mar Group. These are the same people behind SKGO's run from $.0001 to $.008+, GOIG's recent run from $.0004 to $.0044, RMDM's run from $.0001 to $.0015, EEGI's run from $.001 to $.038. Anyone buying shares today knows that at some point this stock will be trading MUCH higher in the near future. Factor in some market makers who have sold shares they don't have and you could be looking at a wicked short squeeze in the near future. VCTY should be an interesting stock to watch, put it on your radar.