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S&P 500
5,257.47
(
-0.38%
)
US TECH 100
17,966.80
(
-0.34%
)
Dow Jones
38,363.93
(
-0.83%
)
Brent Oil
78.28
(
-3.13%
)
Bitcoin
69,278.08
(
2.26%
)
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tigerpac

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tigerpac

Re: Davel0r post# 12346

Sunday, 01/29/2012 9:02:04 AM

Sunday, January 29, 2012 9:02:04 AM

Post# of 15015
The short interest hasn't been this high since the period ending May 31 , 2011. At that time I think a 10-Q had just been released plus a multitude of PR's dealing with the appraisal, a dividend, maybe a buyback. The stock was in an uptrend and peaked near .06 but pulled back into .03's before the big run to .14 .

This time the stock has gone down as the short interest balloned leading me to believe that there could have possibly been a behind the scenes convertible preferred offering.

Guess we'll know soon enough.
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