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+--- Thread: SHORT Interest Down 185,000 (/showthread.php?tid=8399)
SHORT Interest Down 185,000 - Stavros - 04-11-2015
Old SHORT Interest = 3,332,000
New SHORT Interest = 3,147,000.
Dropped by 185,000 in 12 trading days = 15,400 per day.
At a rate of 15,000 it will take 76 trading days to get to my preferrred SHORT Interest of 2,000,000 where they basically make little difference.
76 trading days from April 1 is June 15.
We should have updates by then on Concept Selection and drilling results/flow tests.
So SHORT Covering may accelerate above 15,000 per day.
Fire up the rockets in June.