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Non-Tech : Emcore Corporation (EMKR) -- Ignore unavailable to you. Want to Upgrade?


To: Rock_nj who wrote (539)5/2/2008 9:54:37 AM
From: Lou Weed  Read Replies (2) | Respond to of 640
 
Ouch.....40% of float sold short. Love 'em or hate 'em but its been my experience that shorts are much more savvy investors and way more often than not, they are right. With this much short interest in a co. that is likely to report no profit a short term rally like this is a great selling opportunity IMO. I'm out with a small loss this morning.....way too many ????? to handle with EMKR and much better "money making" solar plays to recoup the loss from. I hope I'm wrong for the sake of you guys but I'll be keeping an eye on it going forward.

BJjr