However, if you will notice the short percentage really increased in January over December. So, shorts will probably attempt to cover prior to earnings. Also, many ultra-small cap mutual fund families did own EVOL. It had such a massive in 3rd qtr of 2003 that most of those funds took their profits (i.e. Bridgeway Funds I'm sure). Anyone holding long was silly once it reached the 18 area from $7 so quickly. I agree that Tobin Smith should be more specific. However, we should have our own mental stops if Long, then Short. I am surprise EVOL make it below $10. I re-entered at $11 and though $10.16 was support. Well, I was wrong on that one.
EVOL Really should head North soon. Unless there is really something bad going on in the market or with EVOL. EVOL earnings are supposed to be higher in 04. EVOL is low now lower than I thought it would get. This is the time to get in. EVOL will head up soon!