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Re: MUSHROOMKING post# 1559

Wednesday, 11/21/2007 10:58:24 AM

Wednesday, November 21, 2007 10:58:24 AM

Post# of 6773
Mushroon king,

You must have added the first sentence, which was "short squize is high".

In my opinion It's not.

Actually it's very low and a cover of the shorts wouldn't even move the stock. It states you have 249,000 shares shorted and even though it's a large increase from the prior month it would only take an hour or so to cover.

1.71% of the float shorted is nothing to worry about (or get excited about if you are looking for a short covering rally) and won't cause a squeeze.

Now to what a high short position looks like...and this is a perfect example of a stock gone bad, compare SPKL to HSOA on the site you posted. It has 37.91% of the float shorted (with due reason so beware) and has a 17 DAY time frame, based on average volume, to cover. That would be what I would consider a "short squeeze is high" stock.


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