InvestorsHub Logo

nypete

05/21/15 4:51 PM

#2222 RE: zeroknowledgeproof #2216

FWIW,
Someone is short because they borrowed the shares,they do not own the shares Today's volume is nothing more then active short term trading. I could purchase and sell 10000 shares 100 times today showing 1 million shares in the volume report. From Yahoo finance:
Share Statistics
Avg Vol (3 month)3: 1,575,430
Avg Vol (10 day)3: 6,789,300
Shares Outstanding5: 54.88M
Float: 54.47M
% Held by Insiders1: 1.25%
% Held by Institutions1: 4.00%
Shares Short (as of Apr 15, 2015)3: 4.11M
Short Ratio (as of Apr 15, 2015)3: 6.90
Short % of Float (as of Apr 15, 2015)3: 7.50%
Shares Short (prior month)3: 3.65M

And as of 4:48 pm today you have your 2 dollar number
AH 1.90
You have until 8 pm to buy if you like.