Allied Nevada Gold Corp ANV

RE:hey goldguy and skys1

[skys1]

goodday - Anv only has 103 million shares out there. To have 37 million short interest with only 103 million shares outstanding is staggering. I'll bet the vast majority of those short interest that large are by the big guys. If you had to cover several million shorts you won't want to draw attention to your buying so do it when it is least obvious so you don't draw attention to it as buying heavily traded issues creates more buying by the TA traders which forces the price up and that is something you don't want because you have several more million shorts to cover. IMO, this is why ANV has heavy trading just before the close and aftermarket as that time doesn't give the traders an opportunity to jump on the band wagon and force the price up.