.....and so have the longs begun buying ENTR once again. Institutions are buying again and the run back to the teens is under way. ENTR has never been positioned this well ever before. The benefits and rewards of the trident Acquisition are becoming reality and revenues are piling up. Big news will be announced more and more often as the Trident pay-off comes to fruition. Good night shorts as your days are numbered and the longs are back in the game baby!!
I am long this stock through calls, so I would love to see a short squeeze.
It is truly said that you can keep your mouth shut and have people think you are dumb, or open it and prove it.
Has trading been halted because there is an imbalance in buy and sell orders? No!
Has the stock gapped up a significant amount? No!
Has short interest dropped dramatically? No!
Do you get my point?
Ok Claws, so you're long calls. I read; CHEAP out of the money calls and/ or calls with distant expiration dates. That's fine, but your blatant fear mongering and baseless negativity on this stock are just laughable. Why don't you just grow a pair and give up on your money wasting hedge? LOL Face it, if we only have a modest runnup, you're going to lose on BOTH sides of your hedge. This stock has a history of long term trending. It trended down for around 18 months. We are currently around 3 months into an uptrend. The trends are tied to the company's product cycle and won't be reversed on your sayso or even as a result of the broad market as our market niche is almost blind to the overall economy. Fact is, near broke, jobless people watch more television than the rest of us. They also highly value their internet as it is their conduit to the job pool and any potential employer. Don't underestimate this company. The current price, even if it's up a buck or two, still sucks compared to where we're heading - and I mean soon. If you've got anything intelligent or even rational to say, lease respond to this AFTER the Aug 1 Conference call.
That's GREAT. That many more that will have to buy to cover down the road! This thing could explode to the upside ANY day. Imagine if a fund decides it's time to buy 1 million shares. The shorts will have to cover and with this low volume they will get KILLED in the panic. They better hope that ENTR doesn't release any good news in the meantime!
The short answer is "yes." 72% of ENTR's Shares are held by institutional & mutual fund owners.
There are specific funds that won't own shares below a specific price. For some of those, that price is $10. The reason for that figure is that when a stock's price drops below $10, the historical odds are against it ever getting back above $10.
2/3 of the short positions have been covered and the stock price is still 1/3 of what it was when most of those short positions were initiated.
The short squeeze already happened... and we are left holding the bag of unrealized hopes