| I studied the short data report for the past month and guess what ( SHORTS ARE TRAPPED ). Look at May 23rd. There was a little run with 16Milli shares traded. More than half the volume was shorted. Well after careful study of all the short data since then up until now, it appears that the shorts have been fighting to bring the price back down because they are losing. There is something happening here that does not happen too often. You have a combination of factors pushing the stock price up and you have shorts working overtime trying to push the price back down and they are hurting badly. There is the merger, there is improvements in cash in hand as the company is profitable and profit margins are increasing. I have been in SIRI when this same scenario began to happen in pennyland. We al know where that is trading now. I got into that at .43 cents. It has changed my life. I chased STOA on thursday because I saw it for the first time and recognized it immediately for what it was based on the excellent DD from 2 posters. I had to average down and now have enough shares to sell for 1 Million dollars when this stock reaches .59 cents. This for me will be bigger than what LOT* and S*RI, FN*A and others have done for me and it will happen quicker. Of course this is all my opinion. Shorts are obviously working overtime as this is the way most overseas penny players make their money which is why there is liquidity in the markets and bounces etc. Not too often are the BULLS with so many catalysts in their favor to see multi-day and multi-week runs because of the immense potential of the stock and perception of the market (traders/investors/hedges etc). |
