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BonelessCat

05/27/12 7:12 PM

#60240 RE: Puffer #60239

I think information can be deceptive when it covers a two week period as a snapshot of short interest on the 14 th day.

If you recall, there was the spike, followed by a sharp drop, and the a hard bounce for no reason other than a pump specialist called it after front loading into the bottom. All the shorting off the top had a 1 week window to cover open positions. What that bounce did was force short covering in a one day squeeze. That would account for the lows number and the drift back down.