SHORT INTEREST DOWN 640,000 SHARES: Figures just released put it at 3,459,000 shares down from some 4,100,000 in the previous month. That amounts to about a third of the average daily volume for that period. Now I do believe what I was told when the stock hit $28 a few weeks ago that it was a major short covering their position.
This all certainly supports my thinking in the previous post.
The shorts just aren't having an easy time of covering gracefully and time is fast running out, so just ignore the "noise".
HOLD ON TO YOUR SHARES , THE PEOPLE I AM TALKING TO SAY A SHORT SQUEEZE IS IMMINANT. THE SHORTS KNOW FOR SURE THAT THEY ARE ON THE WRONG SIDE OF THIS ONE, OTHERWISE, THE SHORT INTEREST FIGURES WOULD BE UP. imho :-] ACTUALLY THE PEDIACTRIC CONFERENCE IN BOSTON THIS FRIDAY, OCT. 25th, WHICH IS FOCUSED ON THE DTaP VACCINES, JUST MAY TOUCH THINGS OFF before the 29th. :-} |