Both USXP and WTVN continue to be naked shorted. IMO, this is keeping the pps's contained and/or lower than would otherwise be the case. Naked shorting can crush a rally. USXP looks like it may break-out someday soon. I'm hopeful.
In fact, I don't think USXP has ever had (from the info. I can get...or have seen previously) this kind of accumulation in it's stock before. It's had massive spikes in the past...but IMO, these spikes were often shorted/naked shorted into and as they were occurring. I'm hopeful...but again, to my eyes and knowledge...the current situation with USXP looks significantly more positive than any of it's recent years past. We will see.
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.