Buyins.Net reported that approximately 54.8 million aggregate shares of CAUI.OB have been traded for a dollar amount of about $53.7 million. Of the 54.8 million shares, 4.2 million have been estimated to be shorted.
The SqueezeTrigger price of $0.98 is the volume-weighted average short price of all the short selling taken place in CAUI. The first of several short squeezes is expected to commence when the shares of CAUI.OB close above $0.69.
Below is a table with the information Buyins.Net provided:
Month Total Vol. Short Vol. Avg. Price Short $ Value
—– ———- ———- ———- ————-
December ’06 129,076 9,939 $ 0.96 $ 9,492
January ’07 160,880 12,388 $ 1.03 $ 12,697
February 120,200 9,255 $ 1.14 $ 10,551
March 9,664,498 744,166 $ 1.24 $ 924,627
April 17,585,832 1,354,109 $ 1.14 $ 1,543,684
May 13,666,735 1,052,339 $ 0.87 $ 918,165
June 13,438,500 1,034,765 $ 0.69 $ 715,333
Total: 54,765,721 4,216,961 $ 0.98 $ 4,134,549
Let us hear your thoughts below: