Why you should hold - short squeze coming - here is proof
Advanced Cell Technology (OTCBB:ACTC) after releasing the latest short sale data through February 6, 2012. The total aggregate number of shares shorted since August 2009 is approximately 1.43 billion shares. Approximately 26.21% of daily volume is short selling. The SqueezeTrigger price for all (OTCBB:ACTC) shares shorted is $0.139. A short squeeze is expected when shares of ACTC close above the $0.139 SqueezeTrigger Price.
Friction Factor calculates if a fair market is being made in the shares of (OTCBB:ACTC). 40% of the previous 37 trading days have been positive or bullish-biased and 60% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.