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Author: LuvNflix Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 457  
Subject: 123% Increase in Short Interest Date: 3/3/2006 9:18 AM
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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.
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