Yes, thanks again. If INOH has no significant short interest that must mean that there is in fact some short interest. Even a few million shares of short covering can absolutely push the price north. Just like hitting the last few million shares on the bid could push the price down a level, taking the last few million shares out on the offer could push the price up a level. And if the ask buy was someone covering a short then it's no myth that that's known as a short squeeze.
Good deal, glad I could clear up the short myth that's used on many of these pink sheet issues, regardless of the fact in this case is INOH has no significant short interest.
Well, if it's been heard for weeks that INOH will rip north
Great source of info
Btw, that would be IF the price rips north. I've heard the "Rip" claim for several weeks, but instead I've seen INOH close at $0.0004 or below for the last 8 trading sessions.
Since it's gone from no bid to a high of 0006 in the last 2 weeks.
But yea, it's held at 0003-0004 last 8 trading sessions, since the it's going to rip predictions weeks ago.