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Re: kermit42 post# 1117

Tuesday, 07/05/2011 10:11:45 AM

Tuesday, July 05, 2011 10:11:45 AM

Post# of 31428
Kermit, just 1 problem with your scenario #2. If there is an r/m, the number of shares to be covered in a short squeeze is also adjusted per terms of the r/m. So if there are 12 million short shares before an r/m and the r/m is 1:10, then only 1.2 million needs to be covered. Still, an r/m that results in a rising share price post-r/m would be good or longs.