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Lions Gate Entertainment Corp. Message Board

  • wanna_million wanna_million Nov 10, 2012 10:09 AM Flag

    Short position increased at 10/31/2012!!! Squeeze coming hard

    Over 1 million more shares added.....much more that needs to be covered now!!

    Settlement Date Short Interest Avg Daily Share Volume Days To Cover
    10/15/2012 14,073,420 738,650 19.052894
    9/28/2012 12,854,267 893,471 14.386888
    9/14/2012 13,797,600 1,472,987 9.367089

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    • I bet they are screaming about the .09 estimates as they expected LGF to fall flat again on Earnings Release. Did you hear the amazement of analysts when they were in disbelief that the quarter was as good as it was? I believe the shorts were set in position to capitalize on the Twilight fever and now they have to cover because of the stellar results and excellent forward guidance of projects in the pipeline. We will get the twilight effect with the added bonus of short covering from those expected the company to earn only .13 per share instead of .53. But be prepared.....Hedgefund managers are ruthless....if they are at a loss for covering....they will short even MORE to shake weak hands out. Remove your stop losses.....sell as you want, but do not show your stop losses to the marketmakers. IMHO

38.65+0.98(+2.60%)Oct 2 4:01 PMEDT