In what direction do you think that the stock price of GTGP is going to head on Oct. 1st?
The Short Interest for GTGP for September 14, 2012 was 279,373, or about 1.4% of the 20 million share float, which is considered an extremely low level of short interest.
Assume that all of this short interest is still outstanding as of Oct. 1, 2012 and all of the short interest is going to attempt to cover by buying into the market
now
Conservatively assume that about 1/2 of the 20 million share float, or about 10 millon shares, is going to try to immediately get out of the stock by selling into the market on Oct. 1, 2012
so you now have 279,373 buys and 10.0 million sells into the market
in what direction do you think that the stock price of GTGP is going to head on Oct. 1st?
