Hmmmm, daily short volume greater than usual. 201
Post# of 11899
Hmmmm, daily short volume greater than usual.
20120827|RFMK|22189779|0|37321544|O
Large portion of the trading volume for Monday was short sales, yet the PPS closed at the days high, hmmmm, perhaps that is telling. It is clear that the tide has turned and down at these incredibly low share prices, the buying pressure is greater than the selling pressure. Though the market manipulators continue efforts to keep a lid on the share price, by way of massive short sales to fill all of the bids, rather than just letting the price run up on natural supply and demand for the shares. Perhaps one or many of the market manipulators think they can swallow and absorb all of the buying power to come. That is rather reckless IMO. Because of the trade for trade restriction, naked shorting cannot be allowed so they cannot fall back on that tactic later on to bail them out should the stock go parabolic, however legit shorting can still occur. The issue with legit shorts though is they actually must be covered at some point, unlike illegal abusive and massive naked short sales, so where is the boiling point? Wherever the maxima exists between the long term buying pressure out there to come versus the amount of capital the shorts are willing to risk in a gamble that they can outwit the entire market of buyers for RFMK.
I guess we will see what happens in the end.
Do or do not, there is no try.
GLTA!
$RFMK!