Wednesday, April 27, 2016 4:26:58 PM
Short interest has gone up to the highest since June of 2015.
We have gone up from 133k (as of 3/31) to 321k (as of 4/15).
They have 1 day to cover if they were forced to.
Either they made a quick bet after the DJI news that the stock would
drop and they would profit with enough time to cover, or they are making a horrible mistake by hanging on while on the heels of DJI news and the Anshan deal pending (and any other piece of news). There is no way to know
until the next short report if this was a short term bet or a long term mistake.
Most importantly, I have brought it up to managements attention. Would
really like to see shorts get burned in the next couple months.
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