August short interest data released. 2,915,156 shares short, an increase of 20.87% from July.
IMO GTE is being shorted to death, by some!! The question is who. Traders that feel the company financials call for shorting or a large concern wanting to buy in lower. Market evaluation or conspiracy?
I'm starting to feel like Mel Gibson.
Learn what the big guys do, and do the same. I'm on the side lines and will enter, when I see the STOCK turn. Last year it was 6 cents a share. We're headed for 10 cents.
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