Post by
sunshine7 on Jul 12, 2016 4:29pm
June 30 short interest
on Nasdaq down marginally to 11,968,532 shares, essentially unchanged. Days to cover, however, increased to 30 days due to lower trade volume (much of which is wash trading to manage the price. Should there ever be a catalyst bringing more buyers on board, there will be explosive upside.
Comment by
puma1 on Jul 12, 2016 4:39pm
Sorry, but given no details required and hence no mechanism to monitor jigging the system, I cannot accept that 35% plus of the open float has been shorted on the thinnest exchange. It does not make sense and u could be short CXRX and long CXR and just report to the US that u r short CXRX. There is just a smell test problem here imo.