Heres A Fact! TODAYS VOLUME WAS 3,667,153 OF WHICH 1,168,383 WAS SOLD SHORT = 32% OF VOLUME
Now let's put this into perspective, shall we!!
This stock is being artificially held down. The volume is at record lows for three straight business days. The majority of the shares being sold, are from short sellers.
There is practically no more shares available at this level.
So what you see taking place, is trading from one short seller to another.
They artificially dropped the share price down by selling back and forth between there accounts, using the same shares.
THE minute any volume comes in to buy, that is not a short seller, the stock instantaneously rises on the bid and ask at the same time.
Most shareholders are holding, as 90% of the weak hands have sold.
So there continuously shaking the tree by creating artificial volume at a deflated stock price, hoping to create fear. (Based on the volume, they have already lost!)
But what actually has taken place is, the entire floats been locked up by stronger hands, creating added pressure on short SELLERS. (Now they are forced to try and figure out ways to create fear, hence misleading posts, rumors, confusion etc.)
This is a coiled spring and will explode higher in a matter of days just like it has done over and over, during the past 4 months.
Be strong and don't fall for these games! Place a bid in , good til canceled and take away the remainder of the shares from short SELLERS.
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