Wednesday, March 10, 2010 9:11:26 AM
Short squeezes result when short sellers cover their positions on a stock. This can occur if the price has risen to a point where short sellers decide to cut their losses and get out. Since covering their positions involves buying shares, the short squeeze causes an ever further rise in the stock's price, which in turn may trigger additional and short covering.
In the time from of 2/17/10-2/18/10 (2 days) CCTC Clean coal technologies went from .0449 to .42, an increase of nearly 1000% due to naked shorting and recently being on the REGSHO list.
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