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

To: Rock_nj who wrote (586)	7/14/2008 1:41:03 PM
From: The Ox	Read Replies (2) \| Respond to of 640

The shorts have been right up to this point. The stock is now under $5/share. The company must produce better earnings if they want to rebound, imo. 3 straight quarters missing earnings estimates are part of what is weighing heavily on EMKR. Looking at the short #s on Yahoo, over 26 million shares shorted. Yikes.... but it will be one hell of a short covering rally if the company can actually hit their eps target for a change!