InvestorsHub Logo
icon url

busytrader

08/26/09 9:53 PM

#2184 RE: boredhousewife #2183

Until this one goes off SHO list or CCTR is going to start buying shares it is getting killed.

I watch short interest closely. Last month there was less than a million short in this stock. Right now, there is no short interest in CCTR according to shortsqueeze.com and Nasdaq. They are both very accurate sources. The sho thing I cannot explain.

Looking at today's up/down volume, I'd say the problem here is dilution, samo, samo. That's why I took my profit and ran. My advice, eat your loses and buy something hot like SPNG which is breaking out of a base on volume. This indicates it will run to old highs.

Good luck..