Replies to post #54571 on Tytan Holdings Inc (TYTN)

[JohnCM]

Short sales on pinkies? As long as a stock is volitile, you can make a ton of money long and short.

This would be a tough play on the short side. I believe we have found a concrete floor at 0.001

Going forward, this is still an outstanding opportunity at 0.0015

[dmlabuda]

I have not see the figures on that. Is that what you notated at the end of your post? I'll go see what the NASDAQ has on site for this. But, if your figure of 20 million is short interest, the volume Thursday was 15.8 million and it was a slow day volume wise so, I'm not too worried about 20 million shorts. All that says is that few people are taking profits IF the buyers rush in here and buy the dip that I believe is coming Friday, then shorts may be forced to cover at a loss in a rally next week which will only drive the price higher following a breakout of the downtrend. Anyway, that my off the top of my head answer but, I'll verify with what the NASDAQ has on file and give you a better answer in the morning. Do you how many sell orders were stacked up at $0.0017 that have not yet been filled? I did not see that either.

[dmlabuda]

Well, I'm confused. Where did you get your short interest figures from? According to the NASDAQ, there is no short interest. Which sounds strange so, I'm wondering if NASDAQ even keep track of that stuff on pink sheet stocks. http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=TYTN&selected=TYTN