SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Globalstar Memorial Day Massacre

 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext  
To: Maurice Winn who wrote ()5/8/2000 1:42:00 AM
From: Maurice Winn  Read Replies (4) of 543
 
For convenience, here's the short interest. Let's watch with interest and see if the number of shares short reduces any time in the next 3 weeks.

viwes.com

Shares Short Avg Daily Volume Ratio

04/00 25,145,028 4,062,032 6.19
03/00 20,150,284 5,935,642 3.39
02/00 18,351,691 4,139,746 4.43
01/00 19,055,160 6,545,128 2.91
12/99 15,882,543 1,947,070 8.16
11/99 16,094,145 2,112,471 7.62

It looks like a LOT to me. 6 days to cover and 25m shares.

There are fewer than 100 million GSTRF shares on issue, so it's a lot! Valueman says the shares are tightly held. Mine are, but there seem to be a lot selling each day.

Maurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext