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

To: John Carragher who wrote (5633)3/1/2005 7:28:53 AM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
John,

Do you know XM's ticker of the top of your head?



To: John Carragher who wrote (5633)3/1/2005 7:59:55 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Well, somehow that hasn't hurt XMSR any:

139.142.147.218

The news was posted today, but actually it came out yesterday during the session, which together with an upgrade accounted for much of the mo-mo interest.

Short interest is huge in XMSR---40% of the float is held short. Evidently much of the short interest is institutional. Yesterday was a classic short squeeze that will probably continue into today.

T


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