Then explain yesterday, 91 % shares traded short at 1,047,652 volume and 9 % shares traded long at 106,280 volume. that is approx. 4.2 X volume with pps range 3.24 - 3.44. Where is the 1 million buy we all say yesterday. Then consider what small fraction of shares took pps from 3.42 ish to 3.32 ish. Data from short analytics. Some of us do see the game. I became alerted with the 0.12 cent spread at 1st I thought it was a trade imbalance later in the day it proved not to be.
Only took about 70k shares to trigger hft algos and drive pps down..the low float makes it open for manipulation. Good news is, the short hand has been overplayed in desperation and they will take a bath with any sustained momentum...momentum that is currently building. Doubters take a look at the wedge formation...never mind any more positive news...which would bury shorts fast.