Shortsquezze in not-to-distant-future (4 Ratings) 16-Jul-06 09:55 am Look at the last numbers:
June 2006
Short
Interest Percent
Change Average Daily
Share Volume Days to
Cover
ICGE Internet Capital Group, Inc. - Common Stock 3,083,121 31.41 301,519 10.23
And in two month shortselling-positions has doubled (apil-june).
From the shortselling numbers in july we wil hear in 10 days. I believe, the number will be between 4 and 4,5 million. That means: If we subtract daytrading from the the decreasing volume of the last months, selling comes completly from shortsellers and a few poor small traders.
June 2006
Short
Interest Percent
Change Average Daily
Share Volume Days to
Cover
ICGE Internet Capital Group, Inc. - Common Stock 3,083,121 31.41 301,519 10.23
And in two month shortselling-positions has doubled (apil-june).
From the shortselling numbers in july we wil hear in 10 days. I believe, the number will be between 4 and 4,5 million. That means: If we subtract daytrading from the the decreasing volume of the last months, selling comes completly from shortsellers and a few poor small traders.
