Message Font: Serif | Sans-Serif
No. of Recommendations: 1
According to the latest short interest data from the NASDAQ

The short interest on Kopin increased from 1.94 Million shares short in January to 4.34 Million shares short in February, which is a 123.6% increase in the number of shares short.

The stock earnings announcement was actually pretty good yesterday. Both revenue and earnings beat the estimates. The only downside was the guidance for Q1 which was in the 17M to 19M range, lower than estimates due to their getting out of the low-end camcorder display business. They reiterated that '06 revenue would be higher than '05, and they have alot of good things going on with the government which should blossom in '06.

The question is where will the stock price go considering all of these factors (results, short interest, year guidance). The shorts already got their "price drop" of 20% between January and February but did not chose to buy back yet. It will be interesting to see if they hold onto the short position, or whether they begin the buyback and how much the price will bounce back towards the $5.50 range.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.