Combimatrix (CBMX)

[grizzums]

Looks like shorts have been covering over the last couple months on this one but short interest is still 280k+

http://www.nasdaq.com/asp/quotes_full.asp?mode=&kind=shortint&timeframe=&intraday=&c...

http://www.shortsqueeze.com/index.php?symbol=cbmx&submit=Enter

I got in this today at .86...

I like what i see from this company, and I like the trend break to the upside with above avg volume on the chart, but I dont normally like to get involved with an issue that is so heavily shorted...it does appear like the shorts are consistently covering and the short interest continues to go down though...

..Im playing short term for now, but will conitune to DD this one and see what I can come up with...

Good Luck.