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Scio Diamond Technology Corporation Message Board

  • reallysure2000 reallysure2000 Jun 5, 2001 5:26 PM Flag

    is this a short squeeze?

    looks to me like a short squeeze is happening.now ,after this week,we will see the true value the market will place on scios

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    • I don't think today was much of a short squeeze. Frankly I would doubt that there are many large "naked short" positions out there. When the short interest is reported by various agencies it reflects the total short interest including all "hedged" & "boxed" positions. There is not nearly enough bad news, doubts or nasty rumors out there to make this a serious short. Of course there are always a few people like our "mid-east-flyer" friend who like to swim upstream.

 
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