Paychest Inc (PYCT)

[MFridge]

" I don't buy theory that the shorters stopped shorting a .0001 stock because they found out about the patent."


Of course not. lol. When a stock gets some buying pressure the L2 moves up- Trading 101. When the patent issue arose, some buyers steps up and so did the bid/ask. It happens every day- that's how the market works.

Now I guess every shareholder of every pink sheet stock will claim that naked shorting has stopped in their stock every time the bid and ask move up. LOL