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Wednesday, 04/21/2010 4:18:26 PM

Wednesday, April 21, 2010 4:18:26 PM

Post# of 5789
Short squeeze potential?

Just saw this...

Top 5 Companies in the Electrical Components & Equipment Industry With the Highest Short Interest (VLNC, CHP, MVIS, HEV, BEZ)
Written on Tue, 04/20/2010 - 20:44
By Chip Brian
Below are the top five companies in the Electrical Components & Equipment industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze.
...

Microvision (NASDAQ:MVIS) has a short interest ratio of 21.8 and average daily volume of 932,000 shares, which implies that approximately 20.3 million shares are short. That equates to 22.9% of the 88.7 million shares outstanding.


http://www.mysmartrend.com/news-briefs/news-watch/top-5-companies-electrical-components-equipment-industry-highest-short-intere

I stripped out the details about the other 4 stox in this report. The reasons for the rather massive short position notwithstanding, I find the premise that such a scenario presents the opportunity for a short squeeze interesting. All that's necessary is a nice solid announcement about revenues or a major industry affiliation and the short squeeze possibility becomes rocket fuel.





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