Bidz.com (BIDZ) Short Interest Almost Doubles, Someone Makes A Killing

Posted: November 28, 2007 at 9:56 am

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Well, the shorts made a good call on Bidz.com (BIDZ). They nearly doubled their interest in the shares from October 31 to November 15 taking shares sold short to 1.785 million.

Concerns about earnings and a very negative report from Citron Research have sent the shares from as high as $22.48 early Monday to $10.17 today.

Someone really made out on this one.

Douglas A. McIntyre

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