(Total Views: 123)
Posted On: 03/27/2017 3:00:52 PM
Post# of 72444
You are correct I don't agree with you that there has been short covering the past couple of weeks. IMHO not a single non retail share has been covered.
It is also my opinion that a good portion of today's volume was wash trades used to simulate selling, hold down the price and lower the FINRA short sale percentage at the end of the day. No doubt big buying will show up here and when it does the shorts will be unable to control the outcome the way they now are able to do. We have the science and the science will overcome the shorts.
Go CTIX!!!
It is also my opinion that a good portion of today's volume was wash trades used to simulate selling, hold down the price and lower the FINRA short sale percentage at the end of the day. No doubt big buying will show up here and when it does the shorts will be unable to control the outcome the way they now are able to do. We have the science and the science will overcome the shorts.
Go CTIX!!!
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