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Skullcandy, Inc. Message Board

  • picker.bottom picker.bottom Nov 27, 2012 4:49 PM Flag

    25% Drop in Short Interest while 33% PPS drop - Unreal

    Settlement Date : 11/15/2012
    Short Interest : 6,867,810
    Percent Change : (24.90)
    Average Daily Share Volume : 766,092
    Days to Cover : 8.96

    Longs got screwed, a classic Long Squeeze. The shorts covered 2.28 M shares while the price dropped from $12 to $8

    Another testament that BIG money will wipe out the little guy!

    This will be getting interesting, once all the selling is done.

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