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Re: TraderTrisha post# 1805

Monday, 07/02/2012 12:17:57 PM

Monday, July 02, 2012 12:17:57 PM

Post# of 2222
Not much trading on the RS news... Looks like those few that wanted out have gotten out! I myself am wondering if this goes up/down upon the reverse split and whether those shorts are finally going to start covering since the company isn't belly up and parted out


Short Interest (Shares Short) 16,299,100


Days To Cover (Short Interest Ratio) 16.3


Wait until there's less than 7 MILLION shares available and 1.6 million shorts... How hard is it going to be for these fools to cover at that time and funds being able to buy in? I think we could easily double/triple at that time

(It's really sad that it took the company to reverse split to force shorts into covering those imaginary shares - laws need to be re-written with specific times a short is available, allowing hedgies to short into eternity if they have enough $$$ is pathetic)
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