2.4 isn't low, especially when this is a very thinly traded stock. The last record was about 4 millions. When it was lowered to 3 million, the stock was over $115. The most recent decline was due to short squeeze. The process has to be reversed.
what the heck are you short squeeze theorists smokin'? At > 2M shares traded per day, VMW is not thinly traded. And although it's short interest increased from last month, it is still low. 2.4 day to cover is nothing. IBM, MSFT,INTC all have a higher short squeeze sentiment (using DTC) than VMW. Now if you're looking for a short squeeze candidate, look at something like FIO. With > 11 days to cover this baby is ripe for a squeeze, but it will need a good earnings report to be the catalyst...or a suitor to buy it out. This lesson in short squeezing was brought to u free of charge ;-)