Friday, May 04, 2012 9:32:23 AM
I'm going to provide a couple of links and if anyone wants to check this out for themselves you can. Typically short shares settle in 2wks. If they weren't able to get the pps to drop far enough then they have to buy the shares that where borrowed. And those 111k shares falls right in that 2wk period.
Another thing I've noticed is right after the purchase of the shares shorted the price of the stock climbs. We are in for a climb as the number of shares they are able to purchase at cheap prices are dwindling. Anyways here's those links you make your own judgements.
This one type in gers and level 2 and you can see yesterdays purchases.
http://www.otcbb.com/dynamic/tradeact.htm
This one shows the number of shares shorted.
http://otcshortreport.com/gers
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