Please check the following chart and note that almost half of the recent volume is actually short volume:
Short Volume – Adaptive Medias, Inc.
In our opinion, it shows that short sellers are fearing increases in the share price and preferred to close their position.
This is a great news for the longs since shorts will need to buy to liquidate their positions, which may make the share increase.
We believe that if many short sellers commence closing their positions very quickly, we may see a short squeeze.
Thus, be sure to follow the trading activity of these unethical market participants in the following weeks. ________________________________________________________________