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Lennar Corp. Message Board

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  • will_amd_yu will_amd_yu Feb 3, 2007 2:00 AM Flag

    Short interest is 9% of float. No squeeze here

    >> 9% short position is not big enough to squeeze.

    Lets look at the REAL FACTS here. All numbers from yahoo key statistics on the stock.

    Shares float = 134M.
    Shares held by Insiders 75% or 102M shares.
    Shares held by Institutions 25% or 34M shares.

    Insider shares are usually not available for shorting.

    So we have 11M shares short out of 34M or 33%.

    With 1/3 of the shares short, short squeeze is guarenteed.

 
LEN
43.08-0.27(-0.62%)Oct 31 4:05 PMEDT

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