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Nextel International Holdings Days To Cover Up 82%

Jun. 12, 2013 8:28 AM ETGOOG1 Comment
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The shorts just keep piling up their bet against NII Holdings (NIHD) as Nadaq reported their latest short interest numbers last night:

With no other news to report at this time, we are confidant that the tower deal is progressing nicely and should represent a significant amount of additional cash on NIHD's balance sheet which will strengthen their continued resurgence. Moreover, we think that the loser of the DISH (DISH) vs Softfbank battle over Sprint Nextel (S) may take a look at buying NIHD as a key strategic operating entity.

Disclosure: I am long NIHD.

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