Hi MH, It would look from this long term graph that somebody thought VTSS had gone down about as far as it could go back about 12 weeks ago:
siliconinvestor.com
We're now 17 weeks from the WTC and Pentagon attacks. So it took about 5 weeks for VTSS to shrug off the attacks and start to recover on Price/Share.
Short interest continued to grow in Dec. probably along with the price recovery.
DATE Shares Short Ave. Trade Vol. Ratio 12/01 7,868,750 8,028,920 0.98 11/01 5,277,107 7,538,523 0.70 10/01 4,418,510 6,470,211 0.68 09/01 4,711,199 5,508,112 0.86 08/01 4,880,712 5,207,304 0.94 07/01 5,795,105 7,533,665 0.77
So, we'll have to wait and see how good the managers are during bad times vs good times.
I think I heard on CNBC at lunch time today that one of the brokerage houses upgraded VTSS today. I can't find reference of it on the news wires, however.
Best regards, Tom |