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Mobile Mini, Inc. Message Board

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  • predictor_98456 predictor_98456 Oct 13, 2005 12:50 PM Flag

    Down on big volume?

    Yes indeed. The rebound is nice.

    Also,with how thin this stock trades,I can only imagine what a real short covering rally would be like.

    I look forward to it.

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    • I think the borrow on the stock gets difficult as we approach 25% of float short. The peak short interest in past was 2.7 million. At some point they can't keep shorting into the buying and we get the stock where an appraiser would value the cash flow. Am Growth Capital says that is $57 today and I think they could be low if the growth continues and the effect of leverage becomes apparent. Patience is the key and buying when the shorts provide liquidity.

 
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