GZ6G Technologies Corp (GZIC)

[$tockJunkie]

*UPDATED*
NNSR SHORT SALE DATA

------------------------Short Sales-----Total Volume
12/23/2010 |NNSR|9,378,428 | 14,379,594|O 65% short sales
12/22/2010 |NNSR|19,704,671 |41,086,069|O 48% short sales
12/21/2010 |NNSR|55,304,418 |82,979,185|O 67% short sales
12/20/2010 |NNSR|16,679,555 |30,373,033|O 55% short sales
12/17/2010 |NNSR|30,693,333 |57,626,601|O 53% short sales

This stock was another huge target for short selling activities today. The big end of the day run forced many to cover but I feel with some real buying pressure Monday we could easily go back to where we were a couple of days ago. I look at the short sale data for a lot of stocks and don't usually see such high percentages as this. I'm hoping someone out there with more experience than myself can offer some theories as to what is happening here. Have the MM's been selling phantom shares, clearing out all the buyers & then walking the price down to collect those shares from panicked sellers? I didn't think individuals would continue shorting today based on how much the stock had already dropped since Tuesday at 3pm. Opinions please.