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Skullcandy, Inc. Message Board

  • chaz16669 chaz16669 Mar 5, 2013 8:39 PM Flag

    Did shorts...

    really destroy this stock price, or longs bailing? This past August the stock price was in the 16's which was also when there was 78% of the float short. So despite all the selling, longs were still pushing the share price up. So if the longs didn't have their fire sale, the share price could still be in the 15's still waiting for the shorts to cover. But I guess the shorts could have been working with long institutions so as to screw the retail investors.

    It's an interesting "what if" had the longs never sold, or some hedge fund did some buying back in the 15 -16s to make the shorts sweat and start covering.

6.12+0.09(+1.49%)Jul 29 4:00 PMEDT