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Collectors Universe Inc. Message Board

  • dbtunr dbtunr Feb 11, 2014 4:09 PM Flag

    short interest WAAAY UP: 612,962

    up over 107K from last report. So rather than cover, these guys went deeper into their belief. So all that buying was actually....buying. This is really a huge piece of news. So when do these guys actually cover? The questions on the last CC really show that these guys don't understand the business and how CLCT works. They assumed that CLCT will burn through cash this quarter and next quarter as well. When CLCT reports record revenue and profits AND $1.5M in cash added I think it will come as a major shock. I will definitely buy back should it go below $18.

    The end of year institutional holdings report is due Friday. Will be interested to see if more institutions bought in.

 
CLCT
20.21-0.02(-0.10%)Jul 30 4:00 PMEDT