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Thursday, June 23, 2011

Sino-Forest – short covering or short squeeze?

Good Morning,

Sino-Forest – short covering or short squeeze?

Sino-Forest (TSE:TRE) has been one of the most active financial news stories over the past few weeks. In this report, we’ll see that shorts have since covered a significant portion of their positions. We’ll also take a “deep dive” into the intraday securities lending trading activity on June 20th to ascertain whether the drop in stock on loan is driven by profit taking or from a ‘recall’ short squeeze.


Visit www.dataexplorers.com/news for Data Explorers news including the full report with supporting charts and a short video.

As always, we welcome any comments - please do drop me a line at will.duffgordon@dataexplorers.com or call me on +44 (0)20 7264 7615.

Kind regards,

Will Duff Gordon

Editor
Data Explorers 

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