Re: Who is NOT buying here...short interest in EDIG-jhawk
in response to
by
posted on
Sep 27, 2007 01:35PM
Is it your understanding that the short interest position just decreased by 22%? I suspect that's a good thing but I would think a short squeeze would have the net effect being of upward pressure on the pps, not the other way around. Did I read your data wrong?
Perhaps they are trying to do it in an orderly manner so as not to expose their manuever before things heat up and demand sets in. However, that report is for September and may not include today's data. Trading volume is certainly up.
With tomorrow being the last day of the month, we should get that PR statement from the company. I am wondering when we will see Blakeley in a proactive role. To date he has orchestrated from behind the desk getting business done as his first order of accomplishments, and rightfully so.