Gaucho

Cal-Maine Foods: Eggs in One Basket

CALM has 126.24% FLOATED SHARES SHORTED------ THE SEC IS USELESS

Outstanding shares 21 million
54.83% of those shares are in the Float or 11,514,300
moneycentral.msn.com/o......

Shortsqueeze.com has 14,535,600 short

14,535,600/11,514,300 = 126.24%

I.E. Heavy naked shorting/fake shares

That is the only thing that has kept this stock 25 dollars below where it should be trading

Cal-Maine: Get Ready for a Short Covering Explosion

All it would take is 90 million and the shorts hedged fund could be raped. Another entity could accumulate 3 million shares or 1/4 of the float. Keep the shares in a margin account as they accumulated. Once they had reach a point where the the price began to appreciate at an increasing rate the shares could be moved to a non-margined account i.e. forcing a buy back. This should drive the prices to about 90 per share. The smart hedge fund could the pocket about 170 million in profit in one month.

There is no honor among theives. The stupid hedge fund would collapse never to bother the smart hedge funds again.

3 Reasons to Own Cal-Maine Foods

I agree I have bought into CALM the PE is way too low and given the % short its movement upwards could quicken. One look at a two week chart shows sevral days upwards followed by several sideways and again several days upwards.

A short squeeze is a read possibility unless the shorts starts to print forged shares (naked shorting) iin whch case the supply is infinite. With high dividends that becomes difficult.

Companies like DNDN with no dividend have an estimated 200 million naked shares shorted with 89 million shares outstanding. That is what their firts product Provege was postponed by the FDA. Wallstreet corruption not only controls the SEC but also the FDA.