InvestorsHub Logo
Followers 21
Posts 1690
Boards Moderated 0
Alias Born 02/25/2010

Re: TraderForLife009 post# 4905

Monday, 09/27/2010 8:16:29 PM

Monday, September 27, 2010 8:16:29 PM

Post# of 79322
Well stated TFL. As it has been for the past 3 or so trading days, we are in a bit of a holding pattern. Between the MM's borrowing/shorting, and legit sellers, there is just enough to fill orders. Once volume is 25-50 million/day and not 5 million, this will most likely explode. Today's short data was 49% of shares traded. To me this means that there are VERY FEW shares floating around and the MM's are in borrow mode (which is included in the daily short #'s).