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Re: Monk post# 39287

Monday, 12/14/2009 11:56:06 AM

Monday, December 14, 2009 11:56:06 AM

Post# of 179253
Thanks Monk. Its a short squeeze play. I did the math (assuming I did it right) 49.8M X .85 (almost 90%) is just over 42M locked up. Leaves about 7.5M in the "float" and assuming that they are weak hands we are looking at a 6.5 - 7M short squeeze. Sound right? The big question is whats the trigger. Is CDIV on the Reg. SHO list? What kind of event do you see sparking this thing? (volume and buy pressure is unlikely to come from nothing)

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