Not that much overhang. And when giving it some thought with some discussion among others, it is apparent that what I have posted is correct. When you see a posting of 200,000 shares or more it usually means someone is trying to block the stock from going higher. And that is what's happening. I would not want to divulge the names of the two and perhaps three MM's doing the posting as they might impair the NASD if they were to investigate at some time. Keep in mind that this is just an opinion and not to be construed as a factual comment. But the data on the screens is usually pretty accurate. Could it be wrong, perhaps. Is it showing what I have stated is the real question. We just need something to happen positively for the company and the shorters will hopefully have to cover and run. The most frustrating situation of all is that the SEC will allow short selling without owning shares in the account. IE, do not let anyone or any entity trade short without shares in the account. Then all will have to have money on the table. Otherwise, the MM's can shortsell all day long and never have a share of stock or money on the table. Why doesn't everyone write their congressman and complain about this trick the MM's play on the average investor. EXOU long.
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