The short volume on nvlx was over 48% two days in a row on May 28 and 29. The stock still held up well. Naked shorts are now officially desperadoes, and they will continue to be until they are left holding the bag. To me, it may be a signal. If over 48% of trading was short and the stock holds up, the deal is over for shorts. It may take a little time for this to be very evident. They still have a lot to unload or its a barrel for pants, and they will get nasty. Then, don't walk under any tall buildings with windows. I think (I hope) things are panning out the way I said. The S&P made its move over and beyond major resistance. A rally has started and has spilled over to other markets. Some good news has come out on nvlx . The shorts are dumping like crazy knowing the end for them is near. Then the stock will climb quickly into dollarland. As usual, it all just my opinion.
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