CytoSorbents Corporation (CTSO)

[BuyMyAsk]

The short interest in this stock is extremely important. They are under 17M shares for the float that are available for trading. Short interest is around 1M shares as of 4/30/2015. The next time short interest is reported for the 5/15/2015 period is on 5/27/2015.

The "days to cover" the short positions for this stock is around 3-4 days. That is fairly high and considering a low float, there could potentially be a legitamate short squeeze if any compelling news comes out in the stock.

This is USUALLY a good thing and positive for people that have long postions. However, given the riskiness of shorting this stock due to a short squeeze considering the float is so low, I am VERY WORRIED that whoever is shorting this stock knows what they are doing. For someone to keep their short position for a long period of time when the number of short shares per the total float is this high is a red flag. Either the people who have positions of $6M+ at stake are playing rouellete, or they know what they are doing. We will see what hte 5/27/2015 report says. Short interest has slowly been rising for the stock over the past 2 months. If there is any good news I will certainly be buying because I think shorts will have to cover and cause a surge in buying volume. The only question is, when do we expect legit news? The next report from CTSO will be in August most likely.