interesting................89% of the stock is owned by institutions according to yahoo.
the 5 myn short and the 5 myn float are pretty small when you see that most is in the hands of insider and institutions. even more so with daily volume rising . 146 mutual funds hold srz. with financing imminent this is like a ticking bomb and if institutions could be motivated to average down based on financing
there is not much float. Im re aiming for 15 on the news as institutions win either way if it goes back up either from buying more or the ton they already own. the sudden visit by short sellers today looks like a move to get cleaned up and the stock will do better when they get covered. if they cant shake out stock and end the day deeper short id expect a move to 5 pre announcement of refinancing.
the management should bring in detectives to see if employees are feeding short sellers and market manipulators with information for bribes. it does happen. buying the dip and watching srz breath in and out .