% | $
Quotes you view appear here for quick access.

Focus Media Holding Ltd. Message Board

  • abvincent1 abvincent1 May 14, 2008 2:35 PM Flag

    MAJOR short squeeze coming

    Trade it ahead of the will have several shorts covering tomorrow before earnings. Nearly 40% of the float is short STILL after a 35% haircut...fools

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Earnings report is not yet scheduled. probably early June. May options expire this week. Don't think here is enough volume yet nor any upside news to force covers. float is only 41% of total shares. 4.5 days at >4.5KK shares/day to cover isn't quite long enough. probably needs to get to 6 days at that rate with this small float in order with good news to force a squeeze. don't see a squeeze yet; but early June could be it.

      Actual short postion is as follows:
      Short Interest (Shares Short) 20,538,200
      Days To Cover (Short Interest Ratio) 4.2
      Short Percent of Float 38.54 %
      Short Interest - Prior 18,907,100
      Short % Increase / Decrease 8.63 %