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Re: rwe1964 post# 679

Wednesday, 04/25/2012 7:22:33 AM

Wednesday, April 25, 2012 7:22:33 AM

Post# of 1466
RWE, while frontier has been buying, the marketmakers and others have been shorting to keep the stock from running away from them. Short interest is up to a whopping 7.3 million shares. If you pulled out the institutional holdings from the shares from the available float, you'd have nearly 100% shares of Nasdaq are now short. If one or two more funds come buying into this, where are are the shorts going to get their shares. They'll have to get them from Australia and then convert. There has been some share movement from Aus to here, but not enough to warrant this type of shorting activity. The countdown to a big announcement has begun. I'm surprised there hasn't been more option action, but there is time.

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