>>>> I am not conivnced that new short positions have been created. I just don't see it. I have been watching this stock tick for tick for the past few weeks, and believe me, there are not many people rushing in to short it. <<
Frawdbuster just did . . . poor soul. ;-)
>>>It leads me to beleive that the party is almost over. It is hard to believe that it can be over without ever hitting $70, but it is possible. <
You may find it hard believe but something along those lines have been posted many times before. People used to say they don't think the stock can ever go over $50 and it did.
The 10.3 million shares short data from Jun14 is hard to imagine, as most experienced traders do not short a stock that already has too many shorts sitting on it but I'm willing to bet that the July data won't be much lower. I want to say that it may even be higher but 10.3M is already too high beyond belief.