InvestorsHub Logo
Followers 1
Posts 103
Boards Moderated 0
Alias Born 11/07/2011

Re: None

Friday, 08/10/2012 10:26:05 AM

Friday, August 10, 2012 10:26:05 AM

Post# of 67010
Yesterday's short volume was 66.8% of all shares sold. For the most part, that has been a pattern the last 30 days. The MM's could always count on the company releasing more shares. However, if the company merges with AMNP (as expected), and the share structure is modified to the extent that it requires short covering, the MM's are going to get a huge short squeeze. And, if the PPS goes up on its own from the PR on permit approval, the result could be even more drastic. I posted last year about my belief that this company will end up in a buyout. Just check Guyer's background. He does all the hard work up front, and packages up companies to sell. IMO gg
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.