RE:Shorts need to coverWith the low volume (and that likely much of that just recycled shares), I can't see the shorts able to cover without a fair appreciation in SP. Starts tomorrow with the NY Investors Conference where CXR will likely re-affirm 2016 guidance and leading up to reporting day. Likely in between they will squeeze in a debt payment date and potentially a small product acquisition and/or release of on of their 60 drugs in the pipeline. Could be an exciting month ahead if the markets cooperate.
sunshine7 wrote:
but no one willing to give up their shares. Could see a squeeze soon IMO. CXRX short interest data for Feb 12 published Wed after close. Will be interesting to see where it is going. Real-time data would be better but only available to the big boys.