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Re: ORCA post# 54281

Saturday, 07/17/2010 12:10:08 PM

Saturday, July 17, 2010 12:10:08 PM

Post# of 108228
That is very likely but remember when shorts are trying to cover they also often have to short more so as to push the pps down. I think the shorts now the next couple of days will get a bit nervous after the news of the reduction in debt and will try to close out their short positions. if buying pressure can continue(new buyers of shares) then we could see a nice short squeeze. The problem is the mms who are shorting this can short more and more shares but i think if we can hit a 100 mill plus volume we might just see the mms take smaller profits and bail before they get destroyed should the pps get into the 2s!!!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y