GREY:SMDWF - Post by User
Comment by
TechTargeton Jul 08, 2015 1:10pm
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Post# 23903562
RE:RE:Shorts over 3% again, not good news!!!!
RE:RE:Shorts over 3% again, not good news!!!!The shorts on VID are professionals. 3% is very significant (by a factor of 3!) The standard retail brokerages don't allow their clients to short penny stocks because of the rampant manipution. The shorters are professional at brokerage houses. Do you think the day high and low of 16 and 14 cents today is just an accident?
If this stock loses its support at 14 cents, do you know the next support level? The pros do. That's where they are piling up their bids.
The pros count the cards, they aren't rookie gamblers.