Replies to post #123554 on Cascadia Investments (CDIV)

[timmyjames]

not to mention that they continue shorting

[TA Heels]

Agreed, but I don't think they are covering anything. Maybe a few days here and there, but on a weekly basis they are adding to their pile. Of course this is IMHO.

[chrisman04]

Yes that is correct. MM's have covered in the rise up from sub $.10 as there have been many sellers locking in profits. But, no I don't think they have covered in the last month or so. Volume is way too low and the sellers got out on the rise to $.70.

And to further you point I agree at this rate it would take a year to cover or more, but it WILL happen much sooner. Sooner depends on when we get some real LARGE amonts of buying.