324k out of 337k shorted yesterday, recently anytime volume on the ask it has been heavily shorted. MM's seem to be digging deep to try and stall the next spike past 52 week highs and where the chart starts to get a little jumpy as far as resistance.
Also OTCN jumped to the top of the bid yesterday after the company tweet and coinciding with the 22kk slapped on the ask. OTCN is OTC markets, who typically is a low volume short MM like their twin OTCX, the fact that the first time showing in the box is on top of the bid seems to indicate they were actually loading shares and not covering a short position.
This is coiling nicely and consolidating after a near 200% move in the past few weeks, some say that the recent news has not attracted any attention yet we have gone from .0065 to .018. And yes is has been overall low volume and yet it still has made this move and is holding higher prices with little to no retail selling.
This is the best situation, overall it is best to continue a relative low volume, elongated move up and avoid high volume large spikes as they will quickly move down due to the locked float, it will honestly incentivize MM's to really mess with the action, the slower and more sustained the run the less incentive they have to really spike and crash the price.
Ideally, let's get this back towards .10-.12 with solid support levels all the way up before the company finally shows the real good to set up a massive volume run and spike that could send it very very high.
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