AJJ Medtech    Last:0.002   -

Short Squeeze Time

Support of 12c was broken yesterday. Hopefully, today with DJ record breaking last night can help Oakwell to move up from last closing of 11.5c

 

Info - Shorting Lottvis today and tomorrow will be suicidal.  ;)

 

I like to see the way the shortists at LottVis are being squeezed and so tightly .....

 

Interesting ..... thanks to shortists, sometimes a stock runs up strongly out of a sudden .....

 

If suppose say ..... that BB did buy up all the 12 cents and 12.5 cents all at one go ..... and if it does goes all the way to 15 cents as a result of short covering ..... then that's very very profitable ..... Well ..... 'good luck' to shortists .....

 

Armarda, Lantrovision, Oakwell are some of the stocks that can surprisingly trigger panic short covering.

 

If panic covering happens, that may trigger a run up all the way towards 15 cents ......

 

Oakwell is now sitting at a support level of 12 cents.

 

Oakwell did a very strong break out and achieved a high of 17 cents on 9/2/07.

 

That is an almost 30% retreat from it's high.

 

 

 

 

If suppose say ..... one BB eat up all the 859 lots of 12 cents at one go ..... and immediately also eat up all the sell queues at 12.5 cents .....

 

I think all the shortists will run for panic covering .....

 

Well .....