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tim8956

03/15/14 10:05 PM

#115431 RE: Scotchy #115430

not much shorting according to this: http://shortanalytics.com/getshortchart.php?tsymbol=pvec

Cassandra

03/16/14 10:24 PM

#115574 RE: Scotchy #115430

PVEC is almost always painted up at the end of the day as happened on Friday. This manipulates the ALD (Accumulation/Distribution Line) to look like its going up even though selling FAR outpaced buying (as shown below) which means the stock is actually being "distributed" rather than "accumulated." The ADL is a very unreliable and easily manipulated indicator.

On Friday, 3/14/14, selling far outpaced buying as can be seen below. The VWAP was $.0004.