After a lengthy delay, magicJack VocalTec (CALL +6.1%) announces it will deliver its Q4 report...

|About: magicJack VocalTec Communic... (CALL)|By:, SA News Editor

After a lengthy delay, magicJack VocalTec (CALL +6.1%) announces it will deliver its Q4 report after tomorrow's close. That's fueling a rally in shares of the VoIP hardware/service provider, which has become a favorite of shorts (40.6% of the float shorted as of March 15) amidst widespread scrutiny of its accounting/business practices. The WSJ recently observed magicJack's use of put sales to fund its buyback program may have begun backfiring thanks to a declining stock price.