InvestorsHub Logo
Followers 6
Posts 681
Boards Moderated 0
Alias Born 08/17/2009

Re: None

Friday, 05/27/2011 3:02:26 PM

Friday, May 27, 2011 3:02:26 PM

Post# of 13295
If it has traded 20% of its float in one day and not really moved anywhere there is a good possibility that it is being heavily shorted. Going into the long weekend that is a good thing. The last time I was apart of something that resembled this it was V*TY and it was the SAME story. Traded a massive amount of the float on a Friday and didn't move much, and then the following Tuesday (the Monday was a holiday - president's day) it flew up 400% due to a short squeeze.

Good luck peeps.