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Re: millionflair post# 2457

Friday, 04/10/2009 2:16:54 PM

Friday, April 10, 2009 2:16:54 PM

Post# of 3894
linked on to the site you referenced and have the following comment. one of the stats indicated the stock was up 74.74% from its 52 week low of $0.24. that would mean that the stock was trading at $0.42. based on that, my presumption would be that the information is almost one month old. the stock last traded around the $0.42 mark in early to mid-march. therefore, i would think the short interest information is at least that old.

because of that, i would think the 45 million share short interest amount is highly suspect since it most certainly does not include what some thought might have been a short covering rally this past week when we had the hugh share volumes trading and the stock ran up into the $1.30 range.

that's not to say the shorts could not have come back in, it's just that i would not take the information on that site at face value unless you can find out when it was last updated.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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