Friday, March 05, 2010 7:10:05 AM
I am not sure how much I trust these two sites as I really am not familiar with them, but I came across them on another board here.
The last time I looked a couple of days ago the first site link only showed 2,000 shares available to short. This morning it is showing 65,000 shares available to short. If the change is true, then I think the shorts are covering themselves at this point.
I am looking at the Momentum of the stock in the last 50 days and we have entered a new bullish period. I tend to believe that is true in my opinion in seeing how the stock seems to be on the low oscillation side (in my opinion) and on the move upwards real soon. As the date gets closer, I am not sure how this may play an impact on pps, but in how it looks in research I would hope we break through the 2.00 barrier. I am feeling we may see alot of accumulation again going on over the next several days, and here again assuming we have no real negative reports on the economy as I always think it can make one think of holding on to cash for awhile and later investing it - just how I look at the market.
The second link site has not changed for as long as I remember it so it maybe out of date, but somebody here may be able to speak to it more.
Also if anyone has any good sites to look at for any stock that you trust, then I would be appreciated to seeing the link.
Thanks!
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A couple of days ago I believe this was reflecting only 2,000 as I remember it.
http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=appa&cntry=usa&tag=United+States&ib_entity=llc&ln=
Symbol: APPA
Availability: 65'000
Exchanges: CSFBALGO, CSFBCROSS, DARK1, JEFFALGO, NITEECN, TRACKECN, EDGEA, DRCTEDGE, LAVA, LEVELATS, BATS, BEX, DRCTIOI, ARCA, BTRADE, ISLAND, ISE, CBSX, IDEAL, IBSX, MIBSX, NASDAQ
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This has not changed for as long as I have looked at their site. My guess this is update on some monthly or quarterly basis.
http://shortsqueeze.com/?symbol=appa
A.P. Pharma Inc. $ 1.86
APPA -0.01
Short Interest (Shares Short) 186,900
Days To Cover (Short Interest Ratio) 0.3
Short Percent of Float 0.61 %
Short Interest - Prior 161,700
Short % Increase / Decrease 15.58 %
Short Squeeze Ranking™ 0
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