Keith,
The only reason I don't Actrade, is because I got forced out of the market, because I was 90% on margin, with 4 stocks. When the market crashed, it blew me out. Actrade was one of my holdings. I'm licking my wounds, studying, saving, and getting ready for my comeback. I should be back in the market about June 1.
My theory on the short shares is we were at 2,300,000 short shares back 5 months ago and in that time they have brought it down to 1,100,000. The stock's highest point in that time is 16 3/4. They have already bought back 1.2 million. I don't see 1 million being a factor anymore. I used to hope, sometimes prey for that short squeeze that never came.
I think there was some "BIG TIME" PRO'S OR MANIPULATION GOING ON.
I follow about 50 stocks everyday. Actrade being one.
Feel free to e-mail. Plovie@prodigy.com |
