Short Squeeze speculation and Reality
We all have been hearing about short squeeze for BBRY for months from analysts, internet, forums but no squeeze happened. Instead, the short interest is climbing week by week and at the highest level ever. It was less than 60 mil when BB10's future was dark, cash issues, bankruptcy, BB10 DOA, takeover, etc. and now the short interest is in 170s when BB10 is out, cash is good, products are coming out, etc. How do we explain it? We all heard about TSLA and NetFlix short squeeze which did occurred and sent the SP to 100% to 300% in last few months. Now looking at their short interest as below in last few months even after squeeze, SP price shooting up in last few months shorts % did not reduce in half or at the reasonable level.
Can someone explain this ? What are we missing ? Would it be case for BB?
TSLA:
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/15/2013 23,039,956 14,757,319 1.561256
4/30/2013 27,501,901 3,453,140 7.964317
4/15/2013 30,695,142 4,071,915 7.538257
3/28/2013 31,300,039 1,365,927 22.914870
3/15/2013 32,316,654 1,626,135 19.873291
2/28/2013 31,954,742 3,378,947 9.457012
2/15/2013 28,694,016 1,579,986 18.160931
1/31/2013 26,408,269 1,676,324 15.753678
1/15/2013 26,130,251 1,002,609 26.062255
12/31/2012 26,854,593 878,542 30.567227
12/14/2012 29,091,311 1,296,656 22.435643
11/30/2012 29,346,333 955,690 30.706958
11/15/2012 29,632,402 1,170,515 25.315696
10/31/2012 31,121,093 706,393 44.056344
10/15/2012 30,352,848 979,275 30.995224
9/28/2012 29,978,640 2,349,884 12.757498
9/14/2012 30,079,911 1,120,883 26.835906
8/31/2012 29,511,111 974,740 30.275880
8/15/2012 29,525,876 1,189,197 24.828414
7/31/2012 27,993,566 1,980,531 14.134374
Read more: Tesla Motors, Inc. (TSLA) Short Interest - NASDAQ.com
NetFlix
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/15/2013 9,362,340 3,892,737 2.405079
4/30/2013 10,371,036 6,011,043 1.725331
4/15/2013 8,185,777 5,499,236 1.488530
3/28/2013 7,492,552 3,362,345 2.228371
3/15/2013 8,468,258 4,266,270 1.984933
2/28/2013 8,419,640 5,305,620 1.586929
2/15/2013 8,071,154 6,267,978 1.287681
1/31/2013 9,715,432 9,798,653 1.000000
1/15/2013 10,117,386 3,676,488 2.751916
12/31/2012 13,162,486 2,829,351 4.652122
12/14/2012 14,136,851 5,676,689 2.490334
11/30/2012 14,502,784 2,181,284 6.648737
11/15/2012 15,175,095 4,201,869 3.611511
10/31/2012 17,206,784 8,069,342 2.132365
10/15/2012 16,205,066 7,303,803 2.218716
9/28/2012 15,567,656 4,471,664 3.481401
9/14/2012 15,555,831 5,293,381 2.938733
8/31/2012 15,448,766 3,224,462 4.791114
8/15/2012 14,309,480 4,441,234 3.221960
7/31/2012 15,425,957 6,770,710 2.278337
7/13/2012 12,476,644 6,976,891 1.788281
6/29/2012 12,703,035 3,060,726 4.150334
6/15/2012 14,128,657 3,856,603 3.663498
5/31/2012 13,246,317 4,911,367 2.697073
5/15/2012 11,516,953 5,523,831 2.084958
bbry
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/15/2013 170,632,578 29,749,364 5.735671
4/30/2013 164,664,363 25,624,110 6.426150
4/15/2013 164,340,145 35,892,399 4.578689
3/28/2013 155,699,090 67,075,106 2.321265
3/15/2013 155,005,574 53,212,793 2.912938
2/28/2013 147,214,984 45,208,011 3.256392
2/15/2013 136,511,698 81,221,373 1.680736
1/31/2013 129,491,496 96,276,614 1.344994
1/15/2013 135,121,295 50,178,584 2.692808
12/31/2012 137,065,866 51,326,252 2.670483
12/14/2012 119,621,568 41,062,428 2.913164
11/30/2012 113,693,228 57,474,757 1.978142
11/15/2012 104,202,426 23,119,389 4.507144
10/31/2012 95,397,618 13,252,696 7.198356
10/15/2012 95,478,104 23,520,126 4.059421
9/28/2012 87,545,698 44,631,517 1.961522
9/14/2012 82,637,081 16,214,596 5.096463
8/31/2012 87,479,971 12,013,429 7.281849
8/15/2012 86,666,209 22,117,373 3.918468
7/31/2012 89,556,616 16,988,533 5.271592
7/13/2012 92,143,011 28,181,362 3.269644
6/29/2012 85,415,857 25,280,116 3.378776
6/15/2012 73,419,586 16,658,064 4.407450
5/31/2012 66,789,478 16,119,081 4.143504
5/15/2012 63,494,931 20,741,140 3.061304