RE:RE:Short noise You won’t find the daily MD, it's the way shorting works, and the way they attack. There's no reasons for volume to spike up over the weekly average with a big red candle other than shorting being taken place. They don't need a huge amount of shares to short this stock, just persistence. When weak hands get jittery they start to use weak shares as part of their dump, minimizing the amount of their own shares they use. Once it reaches a low point like we've seen in the last 3 trading days, bouncing 1-4 cents back and forth, they start to dig in deeper with their remaining stock pile of shares. This is them doing that, probably while also starting to cover since they've most likely already gotten some good gains. Can’t say I agree with the practice of shorting, but you have to give credit where credit is due. They are really good at their job!
maritimedreamer wrote: can you expand more? how do you know its short noise? where do you go to see that? short interest has been dropping from look of it re OTC short report. (SPRWF) but cannot seem to find something that gives a daily total on canadian side....... i would appreciate giving some more meat on that bone......