Extreme Motorsports of California, Inc. (ETMO.PK) announced that BUYINS.NET has reported recent short sale data until July 2007. From August 2005 to July 2007 approximately 5 billion aggregate shares of ETMO have been traded, equivalent to $ 14.3 million dollars. Out of the total number of shares traded, approximately 382.2 million shares were sold short.
The current ETMO SqueezeTrigger price is $0.0029, the volume weighted average short price of all short selling in ETMO. However, the next short squeeze is expected to occur when shares of ETMO close above $.0008, where approximately 143 million shares have been shorted.