shorts are under high anxiety..they are covering at any sign of strength in the shares. They realize that the float is so tiny, that any type of demand could result in a severe squeeze.
'shorts are under high anxiety'?
As evidenced by what? The absence of volume? The absence of price gains? The absence of posts on the message board? The absence of covering month to month and year to year? What?
Just curious where you get your information.
This Flapper YOGA has NO CASH IN game just another BOARD troll blah DUDE go BUY A VOWEL!!!
with over 1 million shares short, JVA's short interest ratio of 9 is staggering. It implies that it would take nine days before all the short shares could be purchased back ( based on average daily volume). That is squeeze waiting to happen.
It was 1.1M a year ago. It hasn't dropped below 940K since then.
Where's the short squeeze and what's the trigger? It sure isn't valuation since the stock remains grossly overvalued and the shorts won't cover even now. You think they'd cover at a higher price??
almost 1 mill SHORT on a 6+ million Float not for me SPIKE on any good news is DEATH!!
Adding more in mid $6