What I have seen with Supurva a few times is right before a promo we get constant buys of 5 or 10 milly. Insitutes if they have shorted Supurva, which again do not see that as there are zero failures to deliver, not going to buy on open market, they will make deal with Supurva's agent and get them for half price or so in a large buy.
I always although illegal feel its people slowly getting in before a promo, people who know its actually coming. So inside info more or less, maybe with Supurva, maybe with promo peeps, maybe by third party institute. Its happened a few times. But even if it was to cover, someone still then knows a promo is coming. With recent volume as low as it has been I just do not think its covering of shorts, again no failures to deliver, but I could be wrong. If we were bouncing PPS and volume all over the place here, I may agree its shorts covering within legal time frame.
One way or another if I saw constant 5 milly buys, or better 10 milly buys, to me it would signal a strong buy on a upcoming play of Supurva. Lets see what happens today. I have no trouble jumping in to play Supurva if a strong promo is about to happen. I would play for a tic or two only, but that could be some decent money if you can see it before it happens and get in at .0001. Just my way of playing Supurva at this time, and been that way for a while. 97% of start up pinks fail and end up at trip zero or bankrupted, although this is a pretty clean shell for a pink, so doubt this is heading for bankruptcy.
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