Good stuff BOW!

It looks as though on May16,17, the volume shot up on the stock, after the biweekly short report. The volume shot up, but no stock price increase, that was perhaps when they were positioning themselves ahead of the news that didn,t come til the next week. But funny, how the shorts always have a 100% accuracy rate, just like they know something we don,t.

The Friday May 18 th,before the news of May 24th, the stock dropped from .50 to .46, then to .43 on Mon 22nd. Then bang, the day of the release, over 1 million shares traded that saw the stock plummet to .23. Then a rebound for the next week or so after, most likely consisting of short covering and buying from investors.

Although your short report BOW, shows around 107k shares at the END of May, it was most likely the short position was perhaps 2-3 times bigger than that because if it was shorted on quick trades daily or a couple days, it does not show up in the short report. This tecnique, of shorting within the 2 week period and covering before the end of the 2 week period, so that the public doesn,t see it so obvious, has happened with this stock more than once and if you check the periods in between the 2 week short report, you will see a blatant interesting pattern.

Have you checked any insider trading around May? This may be interesting to look at if there was any?

Here is an inter active chart of that period and more, by moving your cursor/mouse over the chart, it will show you the sp close for the day, the date and the volume, as the little black dot lands on parts of the chart.

http://ca.finance.yahoo.com/echarts?s=SLI.V#symbol=sli.v;range=1y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;