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Tuesday, January 21, 2014 11:16:25 AM
Last weeks rise was just a sucker's rally.
Those 800,000 short shares needed 8,000 options of which there aren't to cover the shorts. So, 800,000 shares sold short at around $5.00 is about $4 million. To let the price rise without some option collar on the price told me either the shorts are fools or the shorts found another investment that is / can beat NNVC. I am betting last weeks rise was rigged to give the shorts another opportunity to short and dive the price back down. Take a look at the inverted hammer on Friday's close. That tells it all especially in light of today's price action. Those of you buying have a while to wait, IMO. I imagine there are now well over 1,000,000 shares short. Watching the option action. LOL! LOL! LOL!
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