bmart -
The discussion of the low volume leads me to believe that not many here are experienced in short selling squeezes. A short selling squeeze is caused by a lack of available securities, therefore by the very nature of the beast, there is low volume. A previous poster, and I do not recall whom it was, stated that the tape never lies, and that is the wisest statement made, in regards to this security. I placed a market order for one thousand shares the other day. The order was broken into two trades, half at one fifty, the other at one fifty three, and upon filling that portion of the order, the asked for price was raised to one fifty nine. The tape never lies. Are you still monitoring dmil, formerly icep? The volume on that is very, very 'anemic', yet the price is, shall we say, pleasing.<vbg>
Bests,
KC |