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chloebware

06/23/12 11:28 PM

#13337 RE: dustins #13336

Interesting 2 weeks ahead!

dustin1101

06/24/12 12:03 AM

#13338 RE: dustins #13336

I think a lot of them likely covered on Thursday. IMO the buying pressure was quite impressive given the previous day's plummet and the typical action on AGRT. It looked like covering to me. There still could be a big position but we'll have to see how it pans out.

cjstocksup

06/24/12 6:47 PM

#13426 RE: dustins #13336

That is correcty. A close above the 50 day MA at .41 would be a short squeeze trigger for shorts.

The was a short covering report out that stated if the pps moves above .41 there will be a major short covering. I know for a fact sykes and his following have a major short position on AGRT and will not cover until it shows a bullish trend.