Recent

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

Coronado Biosciences, Inc. Message Board

  • conoscienti conoscienti Dec 9, 2013 10:37 PM Flag

    Is a short squeeze coming?

    Anyone know how many millions of shares have been sold short on CNDO? On Yahoo Finance it appears to indicate over 6 million shares on shorted. That would be about 20% of the outstanding shares of CNDO.
    We may have a 'melt up' coming in CNDO.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Yahoo is a tad behind, as of 11/15 there is a 3.5M short interest. 2.6M shares covered in the past month.

      That is a very good sign, shorts already started to cover but there is still a big short position that can get crushed.

      Considering this trades 1M shares a day and 2 to 3M shares on big days, those shorts have to scramble.

      But the "smart" shorts already covered, which is good actually, it shows they know the stock is ready to romp.

 
CNDO
4.110.0000(0.00%)Apr 23 3:59 PMEDT