The Calm Before the Storm.Volume has dropped way off, and that usually means that investors are watching and waiting for the next catalyst....
I decided to go back over the last years news releases, and the gaps between those releases....
.....there were approximately 28
.....out of the 28 gaps, there were only 7 that we waited 21 days or longer
......there were only 10 that we waited 14 days or longer
.....judging by these past year's numbers (and I know this is certainly no exact science, but I was bored and just killing time) the chances of not seeing a news release next week is only 30%, and only 25% of not seeing one next week
.....and, given the upcoming AGM in the first or second week of May, and the likelihood of management wanting to put something out in advance of that meeting, I think that decreases the chance of NOT seeing a release next week considerably, and if not, almost certainly the following Monday
.....if there is still a short position of more than 300,000, with this low volume,
we're going to see some desperate and hilarious scrambling to cover those shares in the next few days, possibly even beginning before today's close.....
......good luck to all decent honest investors, sucks to be you, shorty!