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Microvision Inc. Message Board

  • digginganotherhole digginganotherhole Sep 19, 2013 4:51 PM Flag

    I don't understand???

    We have huge upside volume but no price movement. Is this because of short covering or just buys and sells about even. Some one, please explain this to me.

    Sentiment: Buy

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    • The short game ( all of it, including shorting, covering, and MM action ) only took up 22% of today's trading.
      So it seems that shorts were not a big influence today in keeping PPS down. You could always consider naked shorting though, which does not show up in the daily stats, as a possibility. Looking at the accumulation/distribution chart for today I see early buying followed by a slow, fairly steady sell off for the rest of the day.
      This might explain the whole twice normal volume and no big increase in price thingy ;)
      JMHO!
      GL2U!
      Cuda

 
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