Replies to post #1167 on Triple 000 and Sub-penny Chart Plays

[ctrumabll]

GM Trader:

You are aware that FINRA tells people to rely on the bi-weekly reports of short interest and not the dailies, right?

[trader53]

SUGO "Short Squeeze" coming ?? >

Maybe !

SUGO > Short Volume Increasing >

From May 16 - May 31,
87,103,936 shares
have been shorted !!

When these "Shorts" begin
covering their "short positions",
by "buying back" these shares,
"buying pressure" will cause the stocks
price to rise.

In the event,
that any form of "Bullish" news is released,
the "Shorts" will be forced to "cover their positions",
because as the stocks price rises,
they will lose money !


Historical Shorting
Date Vol Shorted %Chg Short Vol Regular Vol

Jun 01 100.00%...6,549,999...6,549,999

May 31 100.00%...2,000,000...2,000,000
May 30 100.00%...5,000,000...5,000,000
May 29 100.00%...4,600,000...4,600,000
May 25 100.00%...5,162,499...5,162,499

May 24 47.49%...30,395,900..64,000,000

May 23 100.00%...3,599,997...3,599,997

May 22 99.65% ...1,412,500...1,417,500
May 21 72.22%...33,966,988..47,029,561
May 16 0.99%.......966,052..97,146,302

May 15, 2012......6,000,000
Apr 30, 2012......5,500,000
Apr 13, 2012 0

http://www.otcmarkets.com/stock/SUGO/short-sales

http://otcshortreport.com/sugo