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  4. Sunset Island Group, Inc. (SIGO) Message Board

Remember, shorters are selling when they short a s

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Post# of 2219
(Total Views: 289)
Posted On: 10/24/2019 6:32:07 PM
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Posted By: adirondackhi
Re: growdoe #1642
Remember, shorters are selling when they short a stock. For them to sell short, someone has to buy. When they are covering, or in other words returning the borrowed shares to the broker, then they are buying. So they are either covering slowly to avoid a feeding frenzy of buying pressure which would drive the price up and wipe out their shorting profits, and/or someone, whales/MM's, are doing the same just to load the boat before that news comes. I think it's both because the pps is moving sideways and according to OTC Short Report, the shorts were in right up to their eyebrows. Whoever is selling short now is asking for a reeming. A 10-Q showing strong revenues could come any day. Check it out:
https://otcshortreport.com/company/SIGO


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