Has anyone looked at the short interst in MTN? In the last month short interest has increased from 850,000 to over 1,000,000 and is at nearly 30 days. Either this is the beginning of the end or the beginning of price ascension! Any thought?
I am a novice at this, how do you know about the short interest, being 850,000, I assume this means the numbers of orders from people who think the stock will drop in price? Is this info you get from the internet, if so where? Thanks!
There is a buy out there on this stock. Plus the resort has had an excellent season so far. The wild card out there is a long term rumor that a major entertainment comapny might like to get into the ski business. If you look at everything Vail is doing to lure families, they would be a good fit.
My mind has drawn a blank...but one of the REITs that do Ski stuff...Infact I think the symbol was SKI was gearing up to buy Colorado ski areas...however, VAIL has the best areas (I'm from Colo originally). I think Vail has enuf behind it that it could bring in a partner in the entertainment business if needed. VAIL has the reputation and the clout.