Short loan rate is back to earth (10-15% from upwards of 30-50%). Volume is also getting back to earth. Perhaps the manipulation downwards has ended?
Any thoughts here?
I have always contended you can tell a stock that has been manipulated by it's lack of or counter reaction to the general market trend. SKUL is a prime example of that.
The shorts have got their money and made their (although without any guidance or data) point.
Smart money now in play?
Sentiment: Strong Buy
Sadly, the smart money was short.
Options max pain is at $10.00. put options far out weigh calls this month. This should help the stock price between now and next Friday.
We should see volume goes up when the stock is going up. Unfortunately, the shorts are almost done with covering. I will sell my shares if the next report isn’t good (with lost). These managements are young and inexperience.