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JinkoSolar Holding Co., Ltd. Message Board

  • stocksman50 stocksman50 Dec 28, 2011 10:22 AM Flag

    Anatomy of a short squeeze

    Current year-end tax selling, soon to end, then look at the statistics:

    Current float 12.1 million shares.

    Company buyback may purchase another 3-4 million shares.

    Shares shorted: 5,622,235 shares.

    Should make for an interesting January-February. Less and less shares will be available for shorts to cover, and no year end tax selling to bail them out (they have to do it now in the next 3 days).

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