Somebody is shorting it, betting that Toyota will prevail. But the ITC although does not have the power to impose fines could order TOYOTA to stop importing the models in question and the decision could come anytime from next Monday to next january. So it can go either way. I am hoping SOLM prevails and in that case we win. I understand Toyota was trying to stop some evidence.
This is the info I got:
SOLM $ 1.20
Solomon Technologies -0.19
Shares Short 195,743
Days to Cover (Short Ratio) 0.7
Short % of Float 0.76 %
Shares Short - Prior 290,388
Short % Increase / Decrease -32.59 %
Squeeze Ranking™ 2
% from 52-Wk HIGH ( 3.16 ) -163.33 %
% from 52-Wk LOW ( 0.24 ) 80.00 %
% from 200-Day MA ( 1.22 ) -1.67 %
% from 50-Day MA ( 2.04 )
-70.00 %
Price % Change (52-Wk) 396.43 %
Trading Volume - Today 272,652
Trading Volume - Average 283,004
Trading Volume Vs. Avg. 96.34 %
Total Shares - Float 25,920,000
Total Shares - Outstanding 28,021,170
% Held by Insiders %
% Held by Institutions %
Market Cap 33,625,405
EPS -0.86
PE Ratio
Sector: Industrial Goods
Industry: Industrial Electrical Equipment
SI Record Date 2006-Oct