Thursday, July 14, 2011 11:59:29 PM
That just don't make sense.
Someone's bettin' the short side of the farm that this won't go much higher.
Usually when ya see such a high ratio, it's on a news spike where Shorts shorted at HOD and closed the stock seriously down.
The only reason I could see such a high short ratio is 'cause someone just doesn't see the investor confidence here.
A quick gander at the 2 charts in the IBox shows GNPG has closed twice now, this week, near it's 18 mo. high. My guess is, someone doesn't think it can break-out. Experience has it though, that if dilution is not the problem, Shorts can't hold it back. The old saying goes, 'you can't keep cream from rising to the top'.
IHub's Most Marked Board: investorshub.advfn.com/boards/board.aspx?board_id=7489
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