Replies to post #467 on Ameritrust Corp (ATCC)

[Mad City]

<<I can't imagine the pressure the shorts are under right now>>

They're under none. If there were a legit short squeeze this stock would already be a buck. Beyond that, people that have the green light to short penny stocks in their margin accounts (because that's what it takes) could buy and sell this entire company. What you've got is a newsletter that has pumped this stock from .01 up to near (or slightly above .40) whose actions will result in a complete turnover of ownership and the stock will then turn around and head back for .01

That's conjecture on my part but it's my suspicion

Having said that I wish everyone a profitable trade (I have no position in this stock). What caught my eye was the volume spike from 1600 shares per day average to now 10's of millions