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Re: bleu22 post# 2519

Sunday, 12/20/2015 9:16:32 AM

Sunday, December 20, 2015 9:16:32 AM

Post# of 36208
Here's snippet from the article, boy oh boy are these shorts in trouble.

"The Bottom Line on SUNE Stock

The influx of good news might have made short sellers a bit nervous. In the past several months, short interest on SUNE stock has increased substantially, as the SUNE stock price tanked.

On June 30, short interest stood at 69,841,546. By November 30, short interest had surged to 119,305,248. As a percentage of the float, short interest rose from 26.25% to 44.83% during this period. (Source: “SunEdison Inc. Short Interest,” NASDAQ web site, last accessed December 16, 2015.)

[bold]Note that those who shorted SunEdison stock will eventually have to cover their positions. If more good news comes or the upward momentum in SunEdison’s stock price continues, there could be another short squeeze."[/bold]

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