CORS Short Interest- 95% of float?!

ak15 · Nov 5, 2007

Quote from nitro:

One month ago short interest was 55%:

http://finance.yahoo.com/q/ks?s=CORS

I was short a couple thousand shares of that stock from high 20s (like $29 and change) held it for months and made several thousand dollars. Then, when I blew out my account, I was forced to liquidate it. The forced liquidation was at $24. It had gotten down to high 22s so that was my MFE.

I would still be holding it short if it were not for my debacle in SIFs. I don't think the stock goes to zero, but it goes to low teens or a touch below 10.

nitro
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Did you short this stock at IB? Tia.

nitro · Nov 5, 2007

Quote from ak15:

Did you short this stock at IB? Tia.
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No, at RedSky.

nitro

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CORS Short Interest- 95% of float?!

ak15

nitro