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Imperial Sugar Co. Message Board

  • shorthighcoverlower shorthighcoverlower Mar 29, 2012 8:41 AM Flag

    short interest spikes

    IPSU's short interest rose 24% from 1,591,705 to 1,978,930 in the latest reporting period. The new figure is the highest short interest that IPSU has ever registered. These new short sales could be an explanation of the weakness in the share price, because the opening of each short position creates selling pressure. The good news is, that all these shares represent potential buying, so with any hint of good news, a squeeze is sure to develop.

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