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Focus Media Holding Ltd. Message Board

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  • paultradestoday paultradestoday May 14, 2008 3:56 PM Flag

    MAJOR short squeeze coming

    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 %