Cymer Short Interest Rose 23% in Nov.
Shares Short
Nov Oct Change Ave Trade Vol.
CYMER 4,471,949 3,624,304 23.4 1,453,794
That is an unbelievable number of shares shorted.
This stock only has a float of 6.6 mil shares - out of
a total of 28.34 million shares total (from Briefing.Com).
So as a percentage of the shares available for trading,
or float, shorted is 67.76%!!!!!
Also thought this post was interesting:
techstocks.com
<<Regarding XXX's comment as to why YYY might be pushing down
the stock.....an old and currently illegal but still engaged
practice of bear raiding a company...pushing its stock down
via short sales and long sales, and then just when it is
so grim that no one wants it and wants to throw away their
paper certificates of ownership, the bear raider covers the
short and grabs major positions in the company. In now way am
I suggesting this is what is happening, I am simply saying that
this sort of things used to happen all the time and probably
is still prevalent.>> |
