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S&P 500
5,567.19
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1.06%
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US TECH 100
19,827.20
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0.94%
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Dow Jones
39,375.87
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0.17%
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Post# of 105534
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spongeme

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spongeme

Re: Starlost post# 34955

Monday, 08/09/2010 3:50:02 PM

Monday, August 09, 2010 3:50:02 PM

Post# of 105534
Has anyone looked at pinksheets.com to see the short sales for July 15th. Seems that short sales were down 33.66% from June 30th. I don't think that there is a heavy short on this stock, just people getting worn out waiting for something positive to happen.
Also, be very wary on how you trade this stock. The MM's will let it soar early in the morning and then pull it back to pick up the cheap shares once the buying frenzy is done then repeat the next day. They also know the 10q is coming out soon and they want to load up on the weak positions.
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