Thursday, March 13, 2014 9:26:02 AM
ABIO 2.25 PM
What I really love about shares of ABIO from a trading perspective here is the fact the stock has an extremely low float of just 11.75 million shares and a ridiculously high short interest. The current short interest as a percentage of the float for ABIO is gigantic at 27.2%. That means that out of the 11.75 million shares in the tradable float, 3.20 million shares are currently sold short by the bears. This combination of a small float with a large short interest would have me very worried as a short-seller of this stock if shares of ABIO start to trend higher soon.
http://www.thestreet.com/story/12527111/1/small-cap-biotech-on-the-verge-of-a-breakout-abio.html?puc=yahoo&cm_ven=YAHOO
What I really love about shares of ABIO from a trading perspective here is the fact the stock has an extremely low float of just 11.75 million shares and a ridiculously high short interest. The current short interest as a percentage of the float for ABIO is gigantic at 27.2%. That means that out of the 11.75 million shares in the tradable float, 3.20 million shares are currently sold short by the bears. This combination of a small float with a large short interest would have me very worried as a short-seller of this stock if shares of ABIO start to trend higher soon.
http://www.thestreet.com/story/12527111/1/small-cap-biotech-on-the-verge-of-a-breakout-abio.html?puc=yahoo&cm_ven=YAHOO
SELL HALF ON A DOUBLE...and hope you are wrong!
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