Thu, Sep 18, 2014, 2:41 PM EDT - U.S. Markets close in 1 hr 19 mins


% | $
Quotes you view appear here for quick access.

DJSP Enterprises, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • ddbikessamsara ddbikessamsara Jun 10, 2010 12:34 AM Flag

    Dangerous game for the shorts

    Key in djsp - short interest at 5/28/10 was 1,672,505. That does not include all the shorting from last week and this week. It has to be over 2 million shares by now. At 5/28 the short interest had climbed 1,000% in 3 months. At normal volume of 200K share or so that's at least 10 days to cover. It will NOT be easy to get out since even a 5,000 share order is hard to fill once the buys start coming in.

    Not guranteeing it is going to happen but a serious short squeeze is not hard to see with this sort of picture. A lot of people shorting under 6 will be very fortunate to see any profit and in all likelihood will take losses on those bets.

1.22+0.02(+1.67%)Sep 18 10:45 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.