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Fusion-io, Inc. Message Board

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  • capmktplayer capmktplayer Mar 5, 2012 6:03 PM Flag

    Someone tell me why the panic selling?

    Don't worry about the closing price today or tomorrow - watch for $40+ in the next 30-60 days. On top of the great fundamentals, we have a nice and large short position that is sweating profusely and will be forced to cover at much higher levels than here.

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    • At this point, I'm honestly not sure WHAT the actual short interest is ... as of 15 February, it was about 15M shares. Since then, however, we've had a string of up days, with some daily volume coming close to that amount -- it's hard to say how much of that has been short covering. Add to that, the day traders who short and cover the same day, and it's anyone's guess what the current real short interest is ....

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