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woodradio

11/21/07 12:56 AM

#1560 RE: MUSHROOMKING #1559

Mushroom,

I was wondering where you get the short squeeze information? I appreciate the posting of it and your insights.

rpt

11/21/07 5:10 AM

#1561 RE: MUSHROOMKING #1559

Ouch!!!... % Held by Insiders % !!!!!!!!!!!!!!!!

rpt

11/21/07 10:42 AM

#1564 RE: MUSHROOMKING #1559

That sure doesn't give the common shareholder
a warm,fuzzy feeling knowing that insiders hold 'zero' shares.
Rotten message to send the market.

eastunder

11/21/07 10:58 AM

#1567 RE: MUSHROOMKING #1559

Mushroon king,

You must have added the first sentence, which was "short squize is high".

In my opinion It's not.

Actually it's very low and a cover of the shorts wouldn't even move the stock. It states you have 249,000 shares shorted and even though it's a large increase from the prior month it would only take an hour or so to cover.

1.71% of the float shorted is nothing to worry about (or get excited about if you are looking for a short covering rally) and won't cause a squeeze.

Now to what a high short position looks like...and this is a perfect example of a stock gone bad, compare SPKL to HSOA on the site you posted. It has 37.91% of the float shorted (with due reason so beware) and has a 17 DAY time frame, based on average volume, to cover. That would be what I would consider a "short squeeze is high" stock.