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salesforce.com, inc. Message Board

  • lickingcirclesroundhertinybutton lickingcirclesroundhertinybutton Nov 20, 2013 3:54 PM Flag

    77% of float is short???!!!!!!! - can you say the mutha of all squeezes on its way

    yes you can!!

    Sentiment: Strong Buy

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    • the ticker dont lie

      Sentiment: Strong Buy

      • 1 Reply to tpforkornholio
      • That has nothing to do with the ticker.
        Though I don't want to go beyond calling it a math error, the fact that the error has not been changed despite it being called out for over 6 months, makes one wonder if the wrong number is there accidentally. There is no doubt that the figure on the Yahoo Finance site is wrong. The math is simple and has been mentioned numerous times by different people on this site.

    • It's clear (by simple math that the % short is about 10%). The figure you posted has not been altered over the half year or so that I have posted comments and others have also acknowledged the egregious error.
      When the stock had a 4 to 1 split it appeared that either there was carelessness in not doing the math with the new number of shares in the float. After this has been called to the attention on Yahoo Finance several times, it's possible it's either by carelessness or intentional for other reasons.

      That may have enabled some short squeezes in the past, but is old garbage now. It's hard to believe that anyone wouldn't do the math or that anyone would deliberately mislead others.

 
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