GQC.V has a great looking chart and the overall suggestion in spite of the recent price ranging, is that we are in a strong uptrend... the shorts are small and covering... On Balance is up, so if anybody is shorting into this chart.. unless they are institutional.... they are going to eat it (IMOP). I had a funny thought and probably should keep it to myself, but I like to share....... so.... it is possible we would be moving faster, but if those shorts are mainly retail... only retail would short into a rising trend... (without institutional presence in a broad market downtrend it is somewhat suicidle to short without great experience)........ this whippy bit of rising consolidation could be made up of "BUY ON STOP" cover orders (kind of like a stop loss run)... Been there before and that's why I only short in a broad down market................
Short History
Symbol Report Date Volume Change
GQC - V 2010-12-15 100,000 -37,500
GQC - V 2010-11-30 137,500 137,500
GQC - V 2010-10-31 -175,000
GQC - V 2010-10-15 175,000 135,000
GQC - V 2010-09-30 40,000 40,000
GQC - V 2010-08-15 -175,000
GQC - V 2010-07-31 175,000 100,000
GQC - V 2010-07-15 5,000 5,000
GQC - V 2010-04-30 -107,000
GQC - V 2010-04-15 107,000 107,000
GLTA Lostoutwest
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