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Wednesday, May 19, 2010 9:37:22 AM
Thanks again Kingfisher7234 for the information you’ve provided.
Upon reviewing the trading data on the finra.org website, it appears that over the past 12 trading days, 20-50% of the IMGG shares traded during regular trading hours have been short sales. [I assume that includes both selling short AND buying to cover transactions].
On average, nearly 34% of the IMGG trades over this 12-day period have been short sales.
This seems like a very high percentage but apparently that’s how many investors are making money on this stock.
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