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Ocean Bio-Chem Inc. Message Board

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  • rivalmoney rivalmoney Jan 10, 2007 5:19 PM Flag

    Closed over $5 margin buyers tomorrow & calls forcing shorts to buy to cover in the open.

    geddyglee we all trade at our own risk. I just post what I see. I have no more shorts either so looks like most all shorts got in that could. Because of the low float not many to be had but, enough to cause some buying to cover. Volume & a trend is your friend. The trend looks to be up. That said everyone can see the same stock & play it differently. Some will win some will lose. For now the longs are winning & I see no reason for that to change short term. In fact I see some real buy pressure coming in the A.M. Maybe some head fakes but, people can buy on margin tomorrow thats a lot of new cash that can play this small float.

2.05+0.07(+3.53%)Feb 10 9:30 AMEST