Looks like last Friday was when the shorters started shorting big time. Good shorting volume this week, but it seems they got it down to where it always seems to go, and have backed off.
I guess that type of action can continue, from .04 back up, back down, until EEDG follows through with the goods.
For a long that rides it up and down, I always try to add when the pps is brought down. The pattern is so predictable at this point, might as well take advantage of it, while we wait.
Don't know who's selling to allow for purchases at this level, but every share that goes into my stash gets locked down. There are many others that do the same thing.
I realize there are MM's that cellar box a company down to nothing, time after time after time. Happens with great frequency down here. It's the easiest, most reliable, way for them to make money, but not every company deserves that sort of action taken towards it.
EEDG is one of those that companies that doesn't deserve for a MM to try and destroy its pps. It is almost like a challenge to the company to try and prevent them from engaging in this type of behavior.
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