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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 295.01+1.3%Nov 7 9:30 AM EST

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To: Stock Watcher who wrote (10298)6/9/1999 9:33:00 PM
From: Francois Goelo  Read Replies (1) of 52051
 
Stock Watcher, latest up-date on ZSUN: short position winding down rapidly...

with increasing volume to 278,000 shares today, while the short sellers postings on the various threads have virtually come to a halt, as it would appear their employer is no longer willing to pay a Bonus for a botched job....

Here is a re-post from ZSUN's thread:

In the next couple days, I expect ZSUN to "POP" in a sizeable fashion. We should get some News, probably this week, since we haven't had any for quite a while. I am getting a feeling that ZSUN is gearing up to be a major player in its field, before the year's over.

The short position is now winding down quickly with the help of various MM's that are helping to "blind cover" the short by boxing the price. I'd say tomorrow is the last day they can keep on holding it at this level, as buying pressure is mounting by retail buyers and some institutions as well. I hope you're on board for the ride...


clearstation.com

The trend is UP and MACD Histogram is nearly neutral, while the Stochastics are ready to curl back up, which is TA confirmation of the anticipated move.

Regards, F. Goelo + + +
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