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Ecotality, Inc. Message Board

  • ajcee ajcee Jun 20, 2013 3:51 PM Flag

    We may see a short squeeze next week!

    Short interest today is 614.3K which is 4.46% of the float. While the short count isn't very high, it is doubtful that we will go below the offering price of 1.60. When the market reverses its heading, buying will occur in full force which will prompt the shorts to jump in and realize their profits, knowing that 1.60 is the bottom.

    Bernanke's message was misunderstood by many which created an overreaction as quoted in today's NY
    Times, "Mr. Bernanke emphasized repeatedly that the FED was not likely to pull back on the stimulus until it was clear the economy could handle it and could step right back if there were signs of faltering."

    he article goes further stating that many strategist panicked, overlooking the nuances of Bernanke's words.

    Sentiment: Strong Buy

 
ECTY
0.1240.0000(0.00%)Sep 26 4:00 PMEDT

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