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Re: None

Tuesday, 02/12/2008 6:43:01 PM

Tuesday, February 12, 2008 6:43:01 PM

Post# of 159
More good news on ACEL short interest

This is also from another board:

Re: Short interest up again - Explanation?
IMO ... the stock price needed to run up a little more than it did in its recent move-up to $2.69/share ... in order to set-off the beginning of the big "short-squeeze".

A "short-squeeze" ends up feeding on itself. The more that shorts begin buying stock to cover their shorts ... then the remaining shorts are forced to also buy stock in order to prevent a slaughter to themselves.

IMO ... we need to pop a little higher to set-off the squeeze. The next move-up should do it.

Smart shorts would slowly begin to start covering now ... in order to prevent "a mad dash to buy" to cover shorts ... in the big short-squeeze to come. IMO ... the next short-term move-up will trigger a short-squeeze that will propel the share/price to at least $5 on that short-time move alone.

It is surprisingly good news now ... to realize that ACEL still has 1.7 million shares/short ... even after the quick move from $1.45 to $2.69 recently. We have a ton of "short fuel" on hand to fuel the next move up in price.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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