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Saturday, March 12, 2011 9:07:58 PM
I've also never said the short interest numbers should equal the daily short volume either. I said the daily numbers are merely an indicator of what "could" be happening. The short interest numbers report after a bi-weekly time period, so of course they wont be the same if some covering has occured.
I've seen plenty of pinks with very dramatic PPS increases in a very short time period. Now, the debate can go on and on if it was indeed a "short squeeze" or not. May or may not be... GOIG April 12, 2010 comes to mind.
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