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Skullcandy, Inc. (SKUL) Message Board

  • michaelsistowicz michaelsistowicz Oct 10, 2012 12:35 PM Flag

    Short Interest

    Settlement Date Short Interest Avg Daily Share Volume Days To Cover
    9/28/2012 10,365,101 523,987 19.781218

    Since 7/31 or 2 months the short interest is down 12%... They will shed another 600-700K shares by earnings call.

    Read more: http://www.nasdaq.com/symbol/skul/short-interest#ixzz28ukkjbum

    As I predicted... They shed 600,000 + when Jay at MS gave them a break. If we see any volume down here it will be some more shedding. Slow exit. They know the risk reward is not tilted in their favor. This is a great time to buy on these dips if you are long.

    Sentiment: Strong Buy

 
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