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Message: A couple of months ago.. give or take
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A couple of months ago.. give or take

posted on Jan 15, 2008 04:28PM

Short interest in EDIG was negligable.

Here is what is reported today:

e.Digital Corp. $ 0.14
EDIG 0.02
Short Interest (Shares Short) 1,110,700
Days To Cover (Short Interest Ratio) 2.9
Short Percent of Float 0.45 %
Short Interest - Prior 1,150,300
Short % Increase / Decrease -3.44 %
Short Squeeze Ranking™ -0
% From 52-Wk High ($ 0.28 ) -100.70 %
% From 52-Wk Low ($ 0.11 ) 22.54 %
% From 200-Day MA ($ 0.19 ) -33.80 %
% From 50-Day MA ($ 0.17 ) -19.72 %
Price % Change (52-Week) -27.70 %
Shares Float 244,120,000
Total Shares Outstanding 247,785,447
% Owned by Insiders 3.51 %
% Owned by Institutions %
Market Cap. 35,185,533
Trading Volume - Today 327,526
Trading Volume - Average 387,500
Trading Volume - Today vs. Average 84.52 %
Earnings Per Share  
PE Ratio  
Record Date 2007-JanA

Now assuming that volume must include a sell of a share to cover a short share, wouldn't the short interest ratio be closer to 5 days (remaining after subtracting out today, if no share bought between now and then was "new money") and what would 5 days of 1.7 cents per day put us at?

Of course, if shorts need to cover quickly, the pps could go higher. especially if there is news on the horizon -OR- some major investor is recently back from Las Vegas (CES Show, not that they won at the slot machines and want to gamble more).

Our day as longs will come, now that someone was able to get 33% more shares at .125 than .18 for the loan, as has been discussed here.

Boeing just took an order for 18 787's, if I remember correctly. I wonder if there is any correlation there?

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