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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: The Vet who wrote (25550)6/27/2002 10:20:33 AM
From: Larry Brubaker  Read Replies (3) of 27311
 
Thanks, the Vet. I had always thought that short interest was reported as of the 10th of the month. And I share the same peeve about delayed reporting.

Given that it is as of the 14th, I am completely befuddled about the rise in the short interest. I certainly expected a substantial decline given (1) the low stock price, (2) most of the short interest was accumulated at far higher prices...there is only a little more blood they can possibly squeeze out of the VLNC turnip, (3) the 3 million share day on S&P delisting day (June 12) provided the kind of selling volume into which the shorts could have easily covered.
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