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BuyMyAsk

08/20/15 9:25 AM

#7301 RE: SABAI #7298

SABAI - the recent movement in stock price, in my opinion, is related to short sellers covering their positions. The short interest was 1.5 million shares and it has since gone down. This creates large price movements. Hedge funds that short micro-cap stocks do this all the time. That being said, the price should have never fallen that much then either if it wasnt for the shorting in the first place.