Yesterday, Sanswire Corp. (OTC:SNSR) stock surged by 15.38% and reached a share price of $0.09. Traded volume reached almost 850 thousand, which is around double the average value. What was curious that day was the amount of short volume, which reached almost 43% of the total number of traded shares.
At the end of the last session, a PR came out to announce that SNSR had reached a settlement with the SEC in terms of a previously disclosed lawsuit against GlobeTel Communications, which is the former…