with only 11% of the float short, probably not that much of a short squeeze ....I am long though and do hope for the very best.
only 11% of the float is short, so don't know how really powerful short interest is at this point. if 40 or 50% of the float were short, I could see it differently.
hoping for the best or knows something.
first I think there is evidence of SOME short covering because when the market began nose diving this afternoon, rexx stayed stable. If shorts weren't covering..then why? If it can remain above .65, look for a break of .79. Next stop would be about .96, $1.15 and off to the races. If so I see $2.50 in its future, but of course I am long with many shares so I am a hopin!
Truth be told, I pay some attention to fundamentals but more to technical because I am a trader not an investors. I recognized the opportunity in the chart and with the HIGH short interest, I anticipated a nice climb and tidy little profit. If you are long, good luck to you.
fugeriehardie, and the hundreds of others who trash up these boards.
if you place these message posters on ignore, most of the message board will be blank. What a pathetic mess these board are becoming. Yahoo should do something about it.
I have been trading stocks for 10 years now. WTW has such an incredibly high short interest, that, clearly, they are manipulating it. I watch daily how it trades and you can tell. They are fighting to stay afloat, but when earnings comes out this thing will catapult (did I spell that right) to da moon!!!!!!
this thing will pop a buck!
43% of the float is short. When this thing begins its ascent, there will be a massive short squeeze. I will hold this baby.
I believe you. Everything Oprah endorses goes through the roof. There is an incredibly high short interest in the stock which means it will rise fast as earnings approaches. hang in there longs. There truly is such a thing as the Oprah effect as I have been observing it for 10 years. Never fear, Oprah bought $43 million worth of stock.
this means a short squeeze is in our midst.