News Focus
News Focus
icon url

palmspringsbum

02/12/11 5:38 PM

#2460 RE: Jackroch #2459

I actually looked over the short interest on otcmarkets yesterday.

I think it explains a lot. Someone started shorting 100 shares, and then went up to 4,770, which was greater than the daily average volume.

If I understand this correctly, the stock had no volume and therefore one person was able to short it down for 3 months, until volume completely dried up, and the stock was worth 0.0033.

Why is there no data for Sep, Oct, and Nov? Was the price too low to short? Is there a threshold price below which you cannot short?

From 541 average shares traded in Aug to 45,742,628 in Dec is truly amazing, even with a 3:1 split.

Whoever they paid, and however much they paid them, I'd say they got their money's worth.
icon url

jkl146

02/12/11 7:31 PM

#2462 RE: Jackroch #2459

Where's our tech guy who can readthis chart?