According to RegSho numbers (http://regsho.finra.o
Post# of 14350
According to RegSho numbers ( http://regsho.finra.org/regsho-Index.html ), which for some reason do not show this past Monday's volume at all, of the 67,114,153 shares RegSho shows as being traded since the suspension was lifted, 17,144,827 of those shares were short, leaving only an actual approx. 50M 'Long' shares sold (plus whatever Monday tallied out to).
While RegSho numbers are generally unreliable in a 'orderly' market, the fact that KMAG is now trading on the greysheets suggests a stronger possibility that these 17M+ shares are bonafide shorts, since KMAG hasn't had any MMs to short/cover same day, as is typical in pinks and OTC.
Given this 17M+ short shares, KMAG Long shares are clearly in demand.
Please don't feed the bears!
(Make them earn their food by paying higher for it)
17M+ (and growing) likely Short squeeze coming once KMAG is back on the pinks (since Shorts don't think KMAG will ever be back on the pinks again).
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