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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (3349)1/2/2005 6:08:12 AM
From: Walkingshadow  Read Replies (2) | Respond to of 8752
 
That is very useful information, thanks.

This means that the trading float is roughly 2 million shares, or $16 million worth. The normal trading volume is roughly 100K, or less than $1 million. So this is within range of the mo-mo crowd to push this stock, which could be readily accomplished with as little as 500K shares.

Do you have any idea how many shares are held short?

Thanks,

T



To: KLP who wrote (3349)1/2/2005 8:57:54 AM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
This is very helpful information. The tiny float may explain the upshot over the past few days.

Thanks again.

Reid


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