Posted On: 09/10/2015 7:52:13 PM
Post# of 72443
60k volume today. Average daily volume 387k. We've had this extremely low volume for quite a while now.
The last bi-monthly FINRA reported claimed that there were 1.1 million shares short. At 60k/day, the "days to cover" would be.....
well, let's just say, painful for shorts.
I interpret this low-volume stasis as strong hands holding.
The last bi-monthly FINRA reported claimed that there were 1.1 million shares short. At 60k/day, the "days to cover" would be.....
well, let's just say, painful for shorts.
I interpret this low-volume stasis as strong hands holding.
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