"10. The top 13 Institutions added to their positions in the last reported quarter, while the short position has increased from 6.0 million to 10.3 million from the beginning of the year."
I would guess that there are some funds buying right around $15-$16.00 as well given the branding and global growth going on for mobile accessories. If this is as big as they think, they will be acquiring more of the float. There's not much left and that could really create some heavy losses for the short position.
Oh, I think we'll be keeping this thread. We tend tend to lock in with a .243 Sako bolt action on long shots and a .44 Ruger carbine at shorter distances. We don't play games here sonny. We also like to squeeze blood from cats and skin turnips. You best move on before we skin you alive....
Emerald Advisors Inc/PA: Sold 266 shares
Emerald Mutual Fund Advisors Trust: Added 47,990 shares
Regions Financial Corp. Added 20,109 shares
Metropolitan Life Insurance Company/NY Added 5,529 shares
NORRIS PERNE & FRENCH LLP/MI Initiated a new position of 11,825 shares
First New York Securities LLC/NY Sold 10,000 shares
Three Zero Three Capital Partners Sold 1000 shares
How do you go about that? I mean, do you first tell your best customers to sell and wait a bit to tell the rest. Or, do you just send out a blanket email? I mean since their now diminishing the shares, what's that going to do to the price when you tell them to sell? What kinda volume are we talking about anyway?
These are reported for the quarter ended in June. They have 45 days from then to report.
Ones that increased holdings WOULD report early, especially going into earnings....so they can sell into a ramp up.
But what you should really be worried about is the thin number who are reporting early.