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Re: RockQQ post# 7226

Thursday, 11/03/2011 12:31:10 PM

Thursday, November 03, 2011 12:31:10 PM

Post# of 28686
One part of your post I don't understand your reasoning. Why would you expect a large down move due to short interest? The short interest has been increasing slowly in the past month so that is one reason the PPS has been going down.

I don't understand why there would be a large move downward, large increase in short interest, when it looks like shorts already have a large position (at this low volume it would take 2-3 days just to cover. I would expect a fast and large move upward when significant positive news comes out because the shorts must cover by buying and in some cases they will have to cover with market orders.