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).
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.