EGOC Short Squeeze???
Stock Accum/Dist, Short Activity, Buy/Sell
05-27-11 Activity
MM's trying to keep the shareprice down. Not for long IMHO!!!!
EGOC on many radars. EGOC will be allowed to run.
Low A/S, Huge potential, Hot sector (Obama Administrations by-partisan Fleet Initiative), patent pending technology. (r/m and b/o rumors).
For the first time in awhile the Weekly charts shows an uptrend in process.
RECAP LAST 9 DAYS:
Date |Accum/Dist| Short Volume | Overall Volume |Buy/Sell
2011-05-17|Heavy Accum|106,215,006|175,437,829
2011-05-18|Minimal Distr|23,288,498|57,977,581
2011-05-19|Accum|2,876,705|11,783,039
2011-05-20|Accum|872,950|11,430,001
2011-05-23|Accum|1,325,000|5,860,000
2011-05-24|Accum|3,050,100|3,935,520|Buy 2.6mil/Sell 1.3mil
2011-05-25|Accum|12,500,136|18,979,830|Buy 17.8mil/Sel 1.1mil
2011-05-26|Heavy Accum|30,372,129|55,374,054|Buy 34mil/Sell 21mil
2011-05-27|Minimal Distr|3,014,736|22,626,682|Buy 5.3mil/Sell 16.5
NOTICE UP DAYS AND ACCUMULATION ON MUCH HIGHER VOLUME THAN DOWN DAYS AND DISTRIBUTION.
Last 9 Days:
Shares Traded: 363,074,536
Shares Shorted: 183,515,260
Short %: 50.5%
A potential short squeeze in the works...