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ETMO (XTMS): End-of-504 run soon
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[QUOTE]Originally posted by TopRob: [QB] [qb]Short squeezes expected when closes above $.0003. If this is true, we could see a run tomorrow since we are now at .0003 --------------------------------[/qb] Extreme Motorsports of California, Inc. (ETMO) SqueezeTrigger Price Is $0.0027; Approximately 410.6 Million Shares Shorted Since September 2006 According to Buy_ins.net Research Report Wednesday August 15, 1:48 pm ET BAKERSFIELD, CA--(MARKET WIRE)--Aug 15, 2007 -- Extreme Motorsports of California, Inc. (Other OTC:ETMO.PK - News) announced today that BUY_INS.NET, [URL=http://www.**********,]www.**********,[/URL] is reiterating coverage of Extreme Motorsports of California after releasing the latest short sale data to August 2007. From September 2006 to August 2007 approximately 5.3 billion total aggregate shares of ETMO have traded for a total dollar value of nearly $14.4 million. The total aggregate number of shares shorted in this time period is approximately 410.6 million shares. The ETMO SqueezeTrigger price of $0.0027 is the volume weighted average short price of all short selling in ETMO. The first of several short squeezes is expected to begin when ETMO closes above $.0003, where over 12 million shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.**********. Month Total Vol. Short Vol. Avg. Price Short $ Value September '06 871,728 67,123 $0.4300 $ 28,863 October 384,492 29,606 $0.1800 $ 5,329 November 2,586,923 199,193 $0.1200 $ 23,903 December 9,070,365 698,418 $0.0535 $ 37,365 January '07 28,699,086 2,209,830 $0.0102 $ 22,540 February 356,084,960 27,418,542 $0.0143 $ 392,085 March 771,139,328 59,377,728 $0.0046 $ 273,138 April 602,870,912 46,421,060 $0.0020 $ 92,842 May 1,056,046,208 81,315,558 $0.0012 $ 97,579 June 1,867,230,592 143,776,756 $0.0008 $ 115,021 July 476,675,680 36,704,027 $0.0005 $ 18,352 August 160,415,808 12,352,017 $0.0003 $ 3,706 Total: 5,332,076,082 410,569,858 $0.0027 $1,110,723 *short volume is approximated using a proprietary algorithm. **average short price is calculated using a volume weighted average short price. ***short volume is the total short trade volume and does not account for covers. [/QB][/QUOTE]
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