Destiny Media Tech Inc (DSNY): I've seen this story play out on other s...

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Wednesday, 03/20/2013 9:06:16 PM

Wednesday, March 20, 2013 9:06:16 PM

I've seen this story play out on other stocks. The shorts run the stock down on low volume, the posts dry up except for posts by the bears and it seems like there is capitulation, but there hasn't been because the longs are holding tight.

Hardly anyone is selling at these crazy levels. The short position is 620,000 shares and all they could shake out today was 44,000. The shorts are really nervous. There's not much for sale below a dollar.

Mark this post, with the g2 launch in progress, not only is this the bottom, but we'll be trading much higher a month from now and investors will be kicking themselves for missing the opportunity.

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