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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Post by slowbrewon Oct 22, 2011 11:38am
362 Views
Post# 19172964

looking at the charts

looking at the charts

around sep 29 shorts were somewhere around 80 million,

guessing now they are under 50 million,

the 29th is when ylo bottomed.

since the 29th shares have increased roughly 12-14 cents or double.

I cannot imagine holding a short right now but some may choose to ride nov 3rd out.

This week should really shed at least 20 million shorts which could equate to another doubling or close to it.

A conservative estimate should put ylo at just above 40 cents come next friday before what should be a very interesting november 1st and 2nd trading days.

YLO should be popping out on a lot of screening software for increasing volume, increasing price, 52 week low, Macd curves, etc.

Enjoying the ride.

chow

Bullboard Posts