Mesa Energy Holdings, Inc. (fka MSEH)

[dazetrader]

SHORT DATA SINCE BEGINNING OF MARCH 2010

I was bored and figured I would check how much short selling there is going on in MSEH since it is being pumped/promoted. Beware that this stock will TANK someday, make sure you've taken your long position off before this happens.

Below is the data from the beginning of March with the percentage of short sales shown on the right. It actually surprises me to see how much short selling is actually going on despite this stock is being promoted and still going steadily upwards.

Date|Symbol|ShortVolume|TotalVolume|Market
20100318|MSEH|585844|2084276|O 28.11%
20100317|MSEH|476678|1192764|O 39.96%
20100316|MSEH|510749|1107664|O 46.11%
20100315|MSEH|482288|1276266|O 37.79%
20100312|MSEH|380431|1184283|O 32.12%
20100311|MSEH|342221|792989|O 43.16%
20100310|MSEH|497953|1715926|O 29.02%
20100309|MSEH|452472|1367497|O 33.09%
20100308|MSEH|293885|1360125|O 21.61%
20100305|MSEH|133964|468891|O 28.57%
20100304|MSEH|100632|325798|O 30.89%
20100303|MSEH|57470|482100|O 11.92%
20100302|MSEH|41875|429240|O 9.76%
20100301|MSEH|21327|120237|O 17.74%

source: http://regsho.finra.org/regsho-Index.html

According to this data if you sum up the amount of shorts in the last 14 days of trading, 29.27% of the float is short at the moment.

I calculate this by adding all the short sale percentages in the last 14 days 409.84 into 1400. (409.84/1400 = 29.27%)