I didn't mean to imply it was apples to apples ... just anecdotal experience is all! So sorry!
It seems as though short squeezes are an urban legend, however, I have seen cases of high short positions getting caught in a slower melt up ... I think that is what we might have here as evidenced by significant volume, price creeping up and NO covering? We'll see ... little raid this a.m.!
RIVERVIEW, Mich., Jan. 28, 2015 /PRNewswire/ -- Ash Stevens, Inc. (ASI), a leading provider of global contract pharmaceutical drug substance development and API (Active Pharmaceutical Ingredient) manufacturing services, is pleased to announce the U.S Food and Drug Administration (FDA) has approved ASI's manufacturing facility in Riverview, Michigan for the manufacture of Amotosalen, the API in Cerus Corporation's (CERS) INTERCEPT Blood System. The INTERCEPT Blood System recently received FDA approval for ex vivo preparation of pathogen-reduced plasma and platelet components in order to reduce the risk of transfusion-transmitted infection (TTI).
Did you see the video of the Patterson, NJ student attacking his teacher? The teacher didn't even try to defend himself because they're afraid of losing their jobs! Sigh ... And, the other students stood around and laughed at the altercation. The teacher was 62 years old ... Frightening!
Same reason that TASR has nearly doubled and, yet, the short interest has hardly moved! Perhaps it looks worse than it actually is due to hedging, etc. But, as we say on the TASR board, "I could've covered at 26, 25, 24, 23 ..." Soon we might be saying the same here ... 4, 3, ... soon to be 5, 4, 3?
If you want to see crazy shorts ... take a look at UNIS! I've been in it since low $3's and we've still got over 20M short with a relatively tight float and institutions upping their holdings. JP Morgan just increased big over last Q and we've got new deals with the biggest pharms ... with a promise of more to come! It's going to get interesting there, too!
I just wonder WHY I find myself in these kinds of investments? lol
Closed at the HOD on good volume, once again! We're now sitting right about at the last resistance, I think! Interesting!
It's all about risk/reward here ... Can't believe shorts don't see that. We've more than tested our 52 week lows and it's NOT going any lower. Then Oppenheimer slaps a $10 target on and we are still stuck in the mid-3's? It's insane not to be accumulating here!
No one left to buy? Try over 3 million shorts! I think he was referring to "longs" who are early. Plenty of people who have not heard the story that will be more than happy to fight for some of those scarce shares going forward! GL
Well, bb .. I've been called worse, I guess! And, yes, sometimes it pays to buy into strength, particularly when things have changed. We were getting a stream of more positive developments and then, technically, it broke thru some levels that were positive, as well.
We'll see how it all plays out!
Now, I wonder just "who" is buying all of the shares up that the "profit-takers" are dumping today? I, personally, think it is some very nervous shorts throwing all they have at it, again? But, what do I know?
Color me impressed! I thought the shorts would be able to make a move given the overall market! "Tick tock"!
Market futures are skewed by the weight of the companies dragging it down. Might not spread to everything as much as one would think. We'll see!
I taught school ... and I'll tell you it will never happen! When parents are outraged because you actually made a child accountable for bad behavior, they would NEVER stand for a teacher to be in possession of a taser. Now, should designated people of authority (security) have them? Absolutely! Sad state of affairs when we need guns and tasers in our schools! Longing for the "good old days"!!