Tuesday, June 29, 2010 6:00:19 PM
CLR...one to watch.
One of the best CEOs I've ever DDed.
Shares Outstanding: 169.97M
Float: 45.44M
% Held by Insiders: 81.65%
% Held by Institutions: 15.50%
Shares Short (as of Jun 15, 2010): 4.21M
Short Ratio (as of Jun 15, 2010): 3.70
Short % of Float (as of Jun 15, 2010): 9.30%
If it drops to $40 or below it's a play regardless of the short%. In fact it will probably help the pop if it drops too far. I think the short ratio needs to be 5 or greater to be considered bearish.
One of the best CEOs I've ever DDed.
Shares Outstanding: 169.97M
Float: 45.44M
% Held by Insiders: 81.65%
% Held by Institutions: 15.50%
Shares Short (as of Jun 15, 2010): 4.21M
Short Ratio (as of Jun 15, 2010): 3.70
Short % of Float (as of Jun 15, 2010): 9.30%
If it drops to $40 or below it's a play regardless of the short%. In fact it will probably help the pop if it drops too far. I think the short ratio needs to be 5 or greater to be considered bearish.
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