There are a proven 8 milll shares short. Est. 8 to 11 million shares out there that are short. The float looks to be something like 13 million shares out. THe shorts hit at .30 but there is a lot of media attention to produce outside buy interest of another magnitude. Do the math. Aout 2/3ds of the float sold w/out inventory and tv time on Friday. 87 brokers called the co.
The guy hitting the air---Wolfenburger?---best MM in the nation 2 years. (16 MM's on this pup). He says that it now has entered the potential to be the biggest short squeeze in the history of the Nasdaq. Unreal. |
