The daily short volume is most times an indication of a large seller. We now have SUNR on the ask. So 3 famous big sellers who sell for large shareholders or converters are up on the ask selling and have been up for a couple days. BKRT, VFIN and SUNR. I am going to wait and not add a single share ahead until these guys are gone for good and completely done. If that is a day a week 2 weeks etc. I do not care. They are here selling and I refuse to add at any PPS until they are done and we dfind a solid bottom that will prove to be support. I also want to make sure earnings and filings are on time.
It's massive shorting, not a big seller. We KNOW NTEK is being shorted bigtime, but have no proof of this large non-retail seller. And the shorts will soon pay a big price for their machinations, more than they can afford.