Zicix Corp (ZICX)

[kirbling]

I don't think it's the day traders. In my opinion when we hit .002 a very large short sale order was put in and since the bid was not very strong we came down in price. Short sales don't typically effect PPS but if the bid price is weak the price will come down. The shorts know that news is coming out and chances are they were the ones buying to cover this morning but once the momo reached a certain level they had to cut it down. The MM's did a good job of supporting us at .0016 then we bounced back up. Did anyone notice the 40 million shares that went off at .0016 at about 11:25am when the bid was at .0017/.0018??? I believe those shares were from the drop in price around 10:45am when we magically stopped at .0016 for a few minutes. Those shares were not reported for another 30 minutes because if they had gone off it would have collapsed the stock price. The MM's cannot allow short traders to manipulate the stock price and they know it.

This is going to get very interesting! There are a lot of short trades out there that need to be covered and I would not be surprised if there were more short sales than the float could cover. Which means when this stock really gets some momo behind it we are going to blow past all resistance.

This is just my opinion.