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OmniVision Technologies, Inc. Message Board

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  • daveyw43 daveyw43 Feb 28, 2006 2:00 AM Flag

    squeeze took the shortinterest down 40%

    Almost all shorts are in a losing position presently. If this CC produces another $4 gap up the 20% short interest will produce a true short squeeze. I don't think one has occurred yet. Last quarter was reasonable shorts covering before earnings. Probably the majority of them covered with a profit. Now you've got the less reasonable shorts stuck looking at a margin call if the gap occurs. This is where a true short squeeze happens, and they are violent. Say a prayer for general and tussy.


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