As evidence of scarcity of shares, with volume yes
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Posted On: 07/22/2017 9:34:38 AM
As evidence of scarcity of shares, with volume yesterday of a paltry 40k, the MM's still needed to Naked Short over 15k shares, a whopping 38%!
Why would they need to Naked Short 38% of such a paltry total volume of 40k shares traded?
is this a good thing?
would it not have been wiser to let the "real" forces of supply/demand find the true fair valuation of these shares traded, which presumably would have been higher than yesterday's close?
Reg Sho >>
20170721|LWLG|15037|0|39717|O
tough for shorts to cover if volume stays this low, would take 26 days of 100% of the volume at 40k to cover, could you imagine what that would do to PPS soaring?
in any case, 7/14/17 Short Interest due out early next week, based on the trading during this period, I bet the SI number rises, we'll see
LWLG 50Gbs coming soon!
Why would they need to Naked Short 38% of such a paltry total volume of 40k shares traded?
is this a good thing?
would it not have been wiser to let the "real" forces of supply/demand find the true fair valuation of these shares traded, which presumably would have been higher than yesterday's close?
Reg Sho >>
20170721|LWLG|15037|0|39717|O
tough for shorts to cover if volume stays this low, would take 26 days of 100% of the volume at 40k to cover, could you imagine what that would do to PPS soaring?
in any case, 7/14/17 Short Interest due out early next week, based on the trading during this period, I bet the SI number rises, we'll see
LWLG 50Gbs coming soon!
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