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The current TXRH short position of nearly 20%

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surf1944 Member Profile
 
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surf1944   Monday, 04/06/09 06:57:10 PM
Re: None
Post # of 29 
The current TXRH short position of nearly 20% of the float has more than likely caused the current PPS to more than double since the share drop in Dec 2008. The company has huge debt and little current cash, any stumble in it's growth plans & it will quickly be a sub $5 stock again. I wouldn't short the stock today, but it should be setting itself up for a nice short sale after some of the current shorts cover their positions.


surf's up......crikey



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