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Thursday, July 15, 2010 5:38:44 PM
The short interest, according to pinksheets.com, is only 32 shares as of June 30th. Can you explain the numbers to me on why someone could or would take a large short interest in this?
Over the past 10 days the average volume has been around 35 million shares. The past couple of days has been all buy volume (which of course didn't move the pps). There was only $7,000 in trades today. What person is going to short at this level? It makes no sense. They would only profit a couple hundred dollars and they would have to be the one doing all the buying. So any buying action over the past 10 days is not a good thing, it's a bad thing. Right? JMO
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