Elite Pharmaceuticals Inc (ELTP): I'm having a hard time seeing the shorti...

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Elite Pharmaceuticals Inc (ELTP)

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Re: keylo post# 16102

Wednesday, 05/02/2012 9:21:50 PM

Wednesday, May 02, 2012 9:21:50 PM

I'm having a hard time seeing the shorting unless the MM are covering as fast as they are shorting, because when you look at the buy volume vs sell volume, it's net BUYS...

Today's buy volume was 2,253,000 and today's sell volume was only 688,000.... so at the end of the day, there was a lot more buying than selling... I like the way the stock moved up so fast and easily to new trading levels the past 2 days... It shows there isn't much supply at each level these days...

Buy em up and hold em.

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