ludwig mack schreef:
van het hub, als reden voor stijging: expitatiedatum ........
Posted by: buy4long
In reply to: None Date:9/18/2006 7:41:34 PM
Post #of 3025
INSM up today on short contract covering...
These contracts have an expiration date monthly, mid-month. There were approximately 2.5 mil share short outstanding, per Nasdaq. A significant portion of these short shares had to be "returned" by today. Hence the volume run up and the stock price rise. Expect share price to drift back down to $1.16-$1.18 by end of week.
Look here for Nasdaq info:
www.nasdaq.com/asp/quotes_full.asp?mo...