OTCPK:PALDF - Post by User
Post by
bladerummeron Feb 11, 2013 3:52pm
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Post# 20970871
How Pathetic is this stock or what
How Pathetic is this stock or what PAL...Wall Street Journal, saw a 5% jump in shares sold short. That amounts to 4.5% of its float, so its short interest ratio is only two days to cover, or the number of days it would take to completely "cover" all the short position (i.e., buy back all the shares sold short). So don't expect a short squeeze here, but let's see if the miner still has the power to make short work of short sellers.
How easy it is to choke investors on the TSX.