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RF Micro Devices Inc. Message Board

  • mkody1 mkody1 Mar 31, 2013 4:25 PM Flag

    What's going on with Mot, Fool and this new article on RFMD

    and 3 other company's that they say the short sellers are pilling on?
    They put RFMD at 18+million shares short as of last Th/Fr close is that right? I hope they are wrong in saying RFMD is about to pull back from here ($5.30).

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    • They do have a point, something is not well here:

      Company RF Micro Devices

      Short Volume Mar 15 2013 18,127,888
      Short Volume Feb. 28 2013 12,970,633
      % Change 39.8

      That's a MASSIVE change in short volume in less than a month - I swear, every company I've ever owned stock in that became a short target has either been crushed or got so volatile the swings would make me dizzy - do not like this. Hold on a sec.....ok, 18M short out of 280M shrs is peanuts, only 6%, and 'tutes own 73%......not to worry, with 'tute ownership that high the volatility will be dampened.....just don't put a stop loss on your shares, expect some bear raids to cover those shorts.

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