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How did the shorts do today Tom?
41% only from my experience this probably added a small incremental amount of shares to the short interest
I would bet the short interest reported for May 31 is about 12 Million- up from prior.The numbers come out tomorrow at 4:00.With the price edging up, and the retail index's recovering from the prior correction, there will be massive covering taking place. This will entice many new investors to come for the momentum play and a race for the cover on the short side.I would personally put the price at 17-19 easy with a continued rally upward to 30 in the very near term.In the event of great earnings on the next quarter with exponential growth, this could be carried quite easily upward to 50 especially in contrast to other companies P/E ratios in the retail sector.Go for the long haul Longs!