InvestorsHub Logo
Followers 18
Posts 7057
Boards Moderated 0
Alias Born 07/01/2010

Re: GoKatGo post# 70604

Friday, 07/02/2010 10:46:54 AM

Friday, July 02, 2010 10:46:54 AM

Post# of 233282
Look at this

20100701|KATX|1724805|4064584|O 42% is short and that is a large amount of the trades and the reason you are seeing this .02 move lately. Notice how they knock it down usually before 1 and then it builds back up but not to the days high. They are playing short and cover daily. Could be some of the MM passing it back and forth to get around the 3 day rule. Selling it down you can be assured is deliberate to cover. JMHO