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Strategies & Market Trends : Shorts waiting to happen
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To: Cadaver who wrote (107)6/1/1996 12:15:00 AM
From: Mark Dodd   of 852
 
Cadaver;

I was reviewing the figures of FIBR for a monday trade and it seemed curious to me. Perhaps you could answer this question for me?

According to another SI investor there are 620K of shares shorted. I see the total float as 1.6 million on marketwatch. This would mean approximately 39% of the stock is shorted. Is this possible? I haven't been able to turn up some official figures on the shorts, looked everywhere. If this is even remotely true there will be a helluva breakout on monday due to todays gains.

Thanks for any input you may have....

Mark
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