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BUYINS.NET Issues Gopher Protocol (GOPH) SqueezeTrigger Report Approximately 10.53 Million Total Shares Shorted Since March 2015 Short Squeeze Underway As Stock Exceeds $1.16 SqueezeTrigger
BUYINS.NET Issues Gopher Protocol (GOPH) SqueezeTrigger Report Approximately 10.53 Million Total Shares Shorted Since March 2015 Short Squeeze Underway As Stock Exceeds $1.16 SqueezeTrigger.
About this update from Gbt Technologies Inc.
[{"type":"text","content":"\n\n Atlanta, GA, Jan. 12, 2018 (GLOBE NEWSWIRE) -- Gopher Protocol Inc. (OTCQB: GOPH) (\"Gopher\"), a development-stage company which specializes in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, announced that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Gopher Protocol (OTCQB: GOPH) after releasing the latest short sale data through January 11, 2018.  The total aggregate number of shares shorted since March 2015 is approximately 10.53 million shares.  Approximately 45.03% of daily trading volume is short selling.  The SqueezeTrigger price for all GOPH shares shorted is $1.16.  A short squeeze has begun as shares of GOPH have exceeded this level\n Click here to view Report:  http://www.buyins.com/reports/goph1-12-18.pdf Click here for SqueezeTrigger:  http://www.buyins.com/images2/gophstr1-12-18.jpg Click here for Friction Factor:  http://www.buyins.com/images2/gophff1-12-18.jpg Click here for detailed explanation: http://www.buyins.com/brochure.pdf Friction Factor calculates if a fair market is being made in the shares of GOPH.  67% of the previous 35 trading days have been positive or bullish-biased and 33% have been negative or bearish-biased. Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making. BUYINS.NET monitors GOPH market-makers daily for compliance with Fair Market-Making Requirements. About BUYINS.NET BUYINS.NET, http://www.buyins.net, mo...