RE:Massive Short Squeeze Happening Now on RHT!!!When this came down frrom that bump to $3.80 a few weeks back it got pushed down real fast and i believe no matter what ZAP or his :" friends " think it wasn't Peter selling that did that but the gen mkt. ws extremely volitile on the down side and it got way oversold by impatient day traders to this level.it is now.
Now it will consolidate at this level while the investing public who are even aware of this co. absorb that latest PR , understand the info that it was in it and start accumulating in tthe realization itt did get oversold and move it back up to the level where it shouldn't have gone lower in the ffirst place , most probably in the high 2's low 3's . From there it will require more posittve news which of course could come at anytime and a more positive gen. mkt. would help instead of the crazy volitility in the mkts we have been experiencing for that last few mths. When it does move up , the shorts will scramble to cover and give it a nice lift.
Just my personal opinion on the situation.