One solid deal and the stock will stabilize, two and shorts will have to cover and we will break the .04 level where I believe GOSY was heavily shorted in 2009. See page three of the document listed below..
Two stockholders purchased this week and notified me of their purchases. Not big dollar amounts, but the information they gave me leads me to believe that the MM's are scrambling to fill orders when they get them.
580,000 purchased on 4/26, after that purchase there was a flurry of trading which I believe was wash trading designed to hide the fact that that order had to be filled short. Maybe another 200,000 was purchased long too.
20130426|GOSY|786198|0|2065001|O
100,000 was purchased on 5/1 100% of that was short.
20130501|GOSY|100000|0|100000|O
GOSY could break loose on several fronts. IMO the stock should run to .04 or higher, where it was with the early Medscape pump and dump that was run by an "outside party", as the extraordinary volume traded at that time was clearly short when you study the issued and outstanding historically.
Information about historical trading of GOSY and further documentation of likely short interest can be found in this document that the company submitted to FINRA last year:
http://www.geckosystems.com/investors/GOSY%20...202012.pdf
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