curious about this move

What is the order you put in?

I feel very risky to make this move.

Here is the data from Yahoo finance:

Shares Outstanding5:	77.13M
Float:	65.45M
% Held by Insiders1:	13.22%
% Held by Institutions1:	87.60%
Shares Short (as of Nov 15, 2011)3:	24.78M
Short Ratio (as of Nov 15, 2011)3:	4.30
Short % of Float (as of Nov 15, 2011)3:	N/A
Shares Short (prior month)3:	27.98M

It looks like the Insider and Institutions holds 100%+.  It is surprise for me to see that.

also, 25M short out of 77M outstanding.  Wooooo...  Very heavily shorted.

Risk 1, most shares are holded by institution, unless institution move out, this stock will be ok.  Do you see such move?

Risk 2, if some short cover (for profit), this one will fly.

Please give me your reason. 

BTW, TA looks like it is at high side of channel.  But it could be a trap since this is a small size company (easily manipulated).  good luck!

所有跟帖： 

• 392是有PHD的 -rx300- ♂ (307 bytes) () 12/06/2011 postreply 14:17:33

• 回复：392是有PHD的 -392- ♂ (68 bytes) () 12/06/2011 postreply 17:13:01

• 老兄还是蛮有见解的 这点俺是钦佩的 -rx300- ♂ (383 bytes) () 12/06/2011 postreply 17:33:15

• I like your views too. -392- ♂ (137 bytes) () 12/06/2011 postreply 17:35:11

• 兄台 俺还是有几个顾虑的 -rx300- ♂ (398 bytes) () 12/06/2011 postreply 18:16:22

• Hold KBH long put here is risky, -小草12- ♀ (173 bytes) () 12/06/2011 postreply 18:15:16

• I'm not long put here, not yet :) -rx300- ♂ (334 bytes) () 12/06/2011 postreply 18:24:49

• 德州地主兄， -392- ♂ (1391 bytes) () 12/06/2011 postreply 17:32:35

• Thank you for your explanation -planotx- ♂ (79 bytes) () 12/06/2011 postreply 19:34:23

• Follow up question: -planotx- ♂ (9287 bytes) () 12/06/2011 postreply 21:17:43

• 回复：Follow up question: -392- ♂ (436 bytes) () 12/06/2011 postreply 21:44:08

• TA is just a reference -planotx- ♂ (200 bytes) () 12/06/2011 postreply 21:51:09