SHORT Squeeze Potential?? Need an Accurate and Updated SHORT count total for this Stock...Please help..
Guys does anyone have an accurate updated SHORT count of shares and accurate % of float that the Shorts have on SKUL. I am looking at how this $28 Million Share Buyback in 2013 by Skull Mangement could really help the stock price take off. I think people are not realizing the value of the company buying back between 5 and 6 million shares at these prices...This could trigger a serious SHORT Squeeze in my opinion..
Thanks Michael it looks like the Short Interest is starting to dry up in SKUL a bit and it looks there is bottom resistance here at around $5.00. When Management does decide to do this buyback that is around 5 Million shares out of a 16 million share float. This could definitely trigger a SHORT Squeeze if the Share Buybacks are timed properly..
SKUL will bounce back over $7.00 this year with this buyback IMO.