$DXM $10.6M of short position covered 5/15 to 5/31. $35M still short.
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/31/2013 2,063,428 623,663 3.308562
5/15/2013 2,672,129 449,438 5.945490
Read more: http://www.nasdaq.com/symbol/dxm/short-interest#ixzz2VwRWz5Ap
Well... they are on the run now, boys and girls... and this is after successfully holding down the price for the last 2 years. Still trading P/LFCF < 1. This will not be the case when revenue declines slow and the debt trades its way up to par in the near future.
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
Related Posts
- $AIG TARP WARRANTS VS $Y CBCA WARRANTS
- EDIT - NOTES BELOW RATINGS JARGON: $DXM Caa1 corporate family rating and a Caa1-PD probability of default rating --- Moody's expectation that Dex Media will opportunistically repurchase debt at a discount in the future.
- $DXM added to russell 3000 and $DXM and $Y.CA $Y added to russell global
- $DXM - don't forget we were over $100 less than 3 years ago
- $Y $Y.CA --- this discrepancy cannot be justified by anything else except the market ignorance.
Keep Exploring
Glen's Track Record
Full performance history from 2008 to present.
Read moreCurrent Positions
What Glen actually owns — every ticker, every share class.
Read moreFanniegate: The Full Story
The largest fraud in American capital markets history.
Read more157 Billionaire Profiles
What the world's most successful people got right.
Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.
