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FUQI INTERNATIONAL Message Board

  • berrygeorge51 berrygeorge51 Mar 17, 2011 5:27 PM Flag

    Let's Play a Game

    There are six stock day sessions left prior to March 28th. Let's assume that we all wake up on March 29th and FUQI has failed to file the day before, the session has started on Tuesday morning and it becomes clear that there will be no filing. The short ratio days are sitting at around 8 full days.

    1) What percentage from the high will it drop (the low for the day).
    2) What percentage from the high will it close at.

    For example : if the day started at 3.00.
    1) It will drop 50 percent to a 1.50 low for the day.
    2) It will end 33 percent down for the day at 2.00 because of the shorts unloading.

    My quess would therefor be 50 and 33 percent.

    I'm not sure if they have to file prior to the 28th or if the 28th is their last possible day for filing.

 
FUQI
1.500.00(0.00%)Jun 28 3:18 PMEDT

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