Here is the ledger of Short Open Interest; for those who do not understand Supply Imbalances, this is step 1.
Nov. 14, 2003 1,094,803 686,708 1.59
Oct. 15, 2003 853,470 660,317 1.29
Sep. 15, 2003 913,500 678,727 1.35
Aug. 15, 2003 426,006 376,751 1.13
Jul. 15, 2003 577,262 380,152 1.52
Jun. 13, 2003 404,051 562,320 1.00
May 15, 2003 300,879 489,172 1.00
Apr. 15, 2003 75,195 160,555 1.00
Mar. 14, 2003 12,665 96,325 1.00
Feb. 14, 2003 28,317 51,705 1.00
Jan. 15, 2003 60,194 73,550 1.00
Dec. 13, 2002 21,895 31,391 1.00
let me begin by saying, there is NO stock available....accept whats being manufactured outside the float by the accumulating Short Interest.
The trade is stepping on stocks like this to force sellers however they can. As SSYS continues to gain momentum, of the performance kind, it will be harder and harder for the trade not to lift the boot. Make no mistake, trading in this stock borders on fraud, as the Net Short Open Interest is as great as the available float less institutions.
Life lessons about the Markets Control Unit...
Here are the float details from Yahoo
Average Volume (3 month): 574,636
Average Volume (10 day): 379,000
Shares Outstanding: 6.81M
Float: 5.70M
% Held by Insiders: 16.32%
% Held by Institutions: 54.55%
Shares Short (as of 10-Nov-03): 1.10M
Daily Volume (as of 10-Nov-03): N/A
Short Ratio (as of 10-Nov-03): 1.594
Short % of Float (as of 10-Nov-03): 19.21%
Shares Short (prior month): 853.00K |
