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Re: PhilCheeze post# 7691

Monday, 05/21/2012 2:28:07 PM

Monday, May 21, 2012 2:28:07 PM

Post# of 15534
When a company reduces shares like GEAR has, it can catch the shorts off guard and create a short squeze as they have less shares to cover with. If you look at http://otcshortreport.com/GEAR.PK The short volume has been on a certain average, but with the recent share reduction and volume increase the shorts could not increase their position as there is lack of shares to short against, creating a short squeeze.

All imo,
Jason
Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y