I see how your theory would work in a practical way but how is anyone flipping this stock in the last few months? We have not seen enough volume on uptick days (which there have been few of) to allow flippers to make any money.
Yes, they really don't mean anything. It's usually one of the last remaining straws grasped at by those looking for some explanation for a dwindling stock price.
I'll take that explanation any day over believing it to be short volume. I never believed it to be possible despite all those swallowing it hook, line, and sinker. Thanks for sharing!