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LJ International, AŞ Message Board

  • darkcloud1945 darkcloud1945 Jun 12, 2013 2:39 PM Flag

    Short Interest

    Another observation---the "short interst" shares dropped from 444,621 on March 31 to 143,209 on May, 31....the shorts are covering in fear of the $2.00 I believe....the days to cover have dropped from 6-8 days down to 1. The fear of a sudden decrease seems to be slight.

    Greater minds than mine are now speculating what effect this exhausted buying support may mean going forward---Fear of the "end game" logic?

    Still holding fast...approaching $2.00.

    Sentiment: Hold