Looks like some shorts have finally figured out that the party is over and its time to start coveringNAUTILUS GROUP, INC.6/13/2003 8,561,760 5/15/2003 9,554,567 % Chg -10.39 Avg DlyVolume 365,990Days to cover 23
May 15, 2003 stock price $13.85June 13, 2003 stock price $11.36A million shares covered; where is the sqeeze, pretty evident that there is just a ton of sellers dumping. The down trend is still in place.
"The down trend is still in place. "You must have been sleeping for the last two days. When you wake up your money will be gone. See you at $16.
So a few shorts finally smelled smoke and moved toward exits. Too bad for my supply of ever-cheaper stock.
Thats the lowest short interest number (absolute) in over 12 months.