Yahoo says 6 million shares with 5.9 million shorted. This can't be true. Anyone?
it is true, when this turns this will be like VNET
Oops I might be wrong. Actually yahoo might be wrong with the float. But if they are then short interest is most likly 38 percent. Which is still very very high. And inside buying or MM buying can launch this stock much much higher....
Shares Outstanding5: 78.21M
Float: 6.95M
% Held by Insiders1: 2.19%
% Held by Institutions1: 18.10%
Shares Short (as of Jun 15, 2011)3: 6.57M
Short Ratio (as of Jun 15, 2011)3: 2.20
Short % of Float (as of Jun 15, 2011)3: N/A
Shares Short (prior month)3: 5.91M
Hmm is seems like the close to 98 percent short of the float. Some of you say how is this possible. I seen it before with netflix. Called Naked Shorting. Any good news can blast this away.
Hold on...
float is 6.95m
short interest is 37%
CAPS ? preez
and YAWWL wonder?? why YAHOO..
hasnt done.................cheeeeeeeeeeeeet
in 2 years...
hhhahahahahahahhahaha
Can anyone vertify of this is true. The float seems kind of small???