L International Computers (LITL) SqueezeTrigger Price is $0.96 Monday September 11, 6:00 am ET Approximately 3.3 Million Shares Shorted since January 2005 According to ********** Research Report
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Sept. 11, 2006--L International Computers Inc. (Pink Sheets:LITL - News), a renowned manufacturer of high-performance computers and personal technology, announces today that www.********** is initiating coverage after releasing the latest short sale data to July 2006. From January 2005 to September 2006 approximately 43.3 million total aggregate shares of LITL have traded for a total dollar value of nearly $41.4 million. The total aggregate number of shares shorted in this time period is approximately 3.3 million shares. The LITL SqueezeTrigger price of $0.96 is the volume weighted average short price of all short selling in LITL. A short squeeze is expected to begin when shares of LITL close above $0.96. Month Total Vol. Short Vol. Avg. Price Short $ Value
September 1,000 77 $0.51 $39 October 738,930 56,898 $0.54 $30,514 November 170,866 13,157 $0.52 $6,824 December 49,488 3,811 $0.39 $1,500 January '06 1,156,706 89,066 $0.52 $46,208 February 368,736 28,393 $0.70 $19,875 March 102,940 7,926 $0.62 $4,925 April 49,882 3,841 $0.39 $1,486 May 927,500 71,418 $0.43 $30,352 June 336,491 25,910 $0.47 $12,178 July 461,803 35,559 $0.45 $15,913 August 27,520,960 2,119,114 $0.99 $2,105,975 September 11,379,769 876,242 $1.04 $909,101
Total: 43,265,071 3,331,410 $0.96 $3,184,890
(a) short volume is approximated using a proprietary algorithm.
(b) average short price is calculated using a volume weighted average short price.
(c) short volume is the total short trade volume and does not account for covers.
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