Short Interest Update... Short Interest increased
Post# of 21
Posted On: 10/26/2012 5:02:59 PM
Short Interest Update...
Short Interest increased to 29.8 million shares.
That's an increase of almost 2.75 million shares. Since there were less than 21 million shares traded during that time frame, that means that over 13% of the shares traded were CREATED by shorts. The net result of that huge influx of fictional shares was that the stock price fell from the close at $3.46 on September 28th to a close of $3.40 on October 15th. 1 OUT OF EVERY 8 SHARES WAS CREATED OUT OF THIN AIR AND IT ONLY DROPPED THE STOCK PRICE 6 CENTS!
CONCLUSION: The actual opinion of the market regarding our deal with RAI is positive.
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