Wednesday, February 27, 2008 11:24:55 PM
from another board regarding the Latest Short Interest News:
Re: Feb. mid-month short interest up 24%; highest number in last 12 months
Wow!!! ... This Massive short interest is incredibly bullish !!!
Shorts have sold over 400,000 more shares short in the last one month up to 2-15-08. Clearly explains fall in price from $2.69 to $2.10 during that 30 days.
As of 2-15-08 there are over 2.1 million short shares.
Any move up in price ... and they need to start covering. Combined with the extreme oversold technical indicators ... calling for a move back up ... we can get an explosive move to the upside ... which can then really take-off North by triggering a fast short squeeze ... where ever-incresing numbers of shorts ' rush to cover.
I did not expect this " sharply increased short interest " bonanza to fall into our laps here.
With a positive PR on completion of P3B FDA trial imminent ... any possible day now ... a potentially explosive move to the upside is very possible in the days to come.
And ... all of the technical analysis indicators are now screaming ... " Buy...Buy...Buy"!
Wow ... it is surely going to be very interesting from here ... in the immediate days to come
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