NewMarket Technology (fka NWMT)

[big_island]

I don't know what to make of the so-called squeeze number. My understanding is that it is only a number....an average of all the shorts' sell prices. One interpretation would be that if there are shorts all the way from, say, 28 cents, up to, say, 80 cents, making an avg. of 37 cents (more shorters below 37 than above, in my example)....these shorters would be buying back gradually, from about 30 cents through to 75 cents. It's not as though the masses (of shorts) are going to jump in all at 37 cents and we'll see a skyrocket rise in pps.

This is my interepretation....which, of course, renders a squeeze number meaningless....or, at best, a weak indicator.

Maybe there are some other interpretations out there to share.