VCTY - In The Midst Of An Amazing Short Squeeze

VCTY exploded today, most notably late in the session as market makers scrambled to buy whatever shares were left to be had under $.01


Speechless..... That was an email I received from a subscriber today. You read press and rumors about a short squeeze, but to actually witness it coming to fruition is a sight to behold. In all my years of following penny stocks, very rarely do these short squeeze scenarios actually hold water. I think it is fairly obvious that this is exactly what is happening with VCTY.

Consider today when over 40% of the authorized shares traded hands. Or Thursday of last week when almost 90% of the authorized shares traded hands. There simply is not that many shares to justify the volume. Someone is providing liquidity with phantom shares. That is the only logical explanation. If this stock was trading at $.05-$.10 then I may change my stance. But since the price of the stock does not jive with the volume and authorized shares, I have little doubt that market maker NITE is short shares in a big way.

My claims of a short squeeze will be confirmed on Monday when VCTY opens the session over $.01 amid a continuing short covering scenario. It is about time these greedy market makers paid the price for their games. With continued short covering and increasing investor interest VCTY looks poised for some remarkable gains next week.