I would not but agree with you.
Were you in the market some 35 years ago (More or less)?
a big market maker over the counter named M
S Wien went out of business because of that.
It only takes investors' confidence to hold on to their positions, do not chase.
why you have to worry , there are over a mill short interest, they are the one to worry about its future direction, if they are going to manipulate it down, so be it.
then it is your turn to add on more shares to your position.
taking some profit is never wrong, actually all those selling and buying are self inflicted wounds or fulfillment of your own at the time. no reasons can be explain, may be , it is greed or fear.
If I were you, I don't even think of it, tomorrow will be another day, so take a good night sleep.
With this kind of volume, the highest , this kind of short interest, the highest.
I am cautiously optimistic as time lingering on, not have to chase or to sell it for a profit, it is just a small potato.but if some one has to give it to me, I would have the stom'ach to take it, and say thank you once again.
short interest too.
short sellers are powerful enough to bring any stock price down at least temperately so.
let the time prove that I am right on the long side as long as it takes.
I'm with you, after 66 thousand traded after hour at 1.11 and next days at 1.10, 1.09 and 1.06. I believe that that sellers step on MM's foot. I have just bought a few shares at 1.11 .
good luck to all longs.
blfa, one thing you should know... if any stock which are legally being shorted, there is no time limit to cover them except if and only if by margin.
"SHO" HAS TIME LIMIT, THAT IS WHY THEY HAVE TO BE CONTINUOUSLY REPLCED WITH NEW ONES.
JAN.9 AND RECENTLY TRADED THAT 5 m+ shares have been done or filled couple a days ago ( today sho is gone). if the specialists or market markers got all fails done and start to build their inventory, I would be more happy to see that happens, that is only if.
Ps: on the other side of the coin, if you try to sell 10.000 shares at the wrong juncture of time, hoping to make a dime, you will definetly disappoint..
well,they can easily replacing the old fails with new fails, no body can continuously selling and selling like them.. specialist never being trapped, a few hundred shares can make this upside down. THAT IS
why SHO appears in this stock so often not the others????
I do believe if all those buying for long term investment can have arrest good result.
time will tell.
Short interest? I do believe that"sho" tells you the specialist and markat makers doing all those , there are no short interest, only "fail to deliver or fail to receive" in their book.
SHO shows up again. Nobody can sell naked , specialist ,MMs can, they just sell and sell and sell!!!!!!!!!!!
IT IS LEGAL FOR THEM TO SELL WHEN THERE ARE NO SELLERS, THE ONLY THING THAT THEY DO NOT WANT TO BUY WHEN THERE ARE NO BUYERS.
I THINK THAT IS A VIOLATION I DO NOT AGREE..
you got to be an old timer.
This is the only one and one only who can perform this kind of manipulation.
total shares outstanding 6.08 m, floating shares 4.95m, trading 5.486 m yesterday. and the stock has been up some big %....
I think that people buy and sell.... sell and buy at least couple of times the same day.
Is it good for the long term?
Is it too much speculation?
the average price for most members on this board is around 1.40, if they have sold out, wondering who have been buying? short covering? no, not that many.......institution? MMs?
Anybody gives a thread?
well, sometimes it is not good to listen who talks bullish or bearish, I guess if you have not got in at $1.20 or $1.90, It might be goo get in at $1.60.
good luck for the long waiting longs.