Example Of Shorts Covering

You can see the company has the biggest volume probably ever, or in a long time at least. It is shorts covering. They revealed the previous day that they would be divesting from their VAR project, which accounted for 93% of revenue. They just diluted shares signifantly, then did a reverse split. They even tried a vote in December, which failed, so had to hold a Special Meeting, in order to cast a re vote. All that trading volume is shorters
Comment: really gotta work on editing, sorry everyone
@alipipefitter Do you deal in penny stocks primarily? Just asking.
alipipefitter themdtrader
@themdtrader, Only speculative plays
themdtrader alipipefitter
@alipipefitter, I see. You have some interesting ideas, I have been working on similar kinds of plays that's why. Keep it up!
alipipefitter IllusionsCatcher
IllusionsCatcher alipipefitter
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