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Re: Realizer post# 39677

Saturday, 08/03/2013 3:51:21 PM

Saturday, August 03, 2013 3:51:21 PM

Post# of 68424
Realizer I just want to point out one thing from your chart. The big spike over 5 and back down was definitely shorted down. Here is where we disagree if you look at your chart you will see 4 waves down from the $3.54 area. These waves indicated the price was shorted down from there. This is why I believe the bulk of the retail shorts occured below this number. This is also the reason every time until late Friday the stock got close to $3.50 it was shorted down. Now we have a break and we need follow through, with volume. should this happen there will be many shorts underwater but not all. My pea brain comments.

Cheers