Buyins.Net Reports $0.98 SqueezeTrigger Price for CanAm Uranium Corp. (CAUI.OB)
Buyins.Net reported that approximately 54.8 million aggregate shares of CAUI.OB have been traded for a dollar amount of about $53.7 million. Of the 54.8 million shares, 4.2 million have been estimated to be shorted. The SqueezeTrigger price of $0.98 is the volume-weighted average short price of all the short selling taken place in CAUI. The first of several short squeezes is expected to commence when the shares of CAUI.OB close above $0.69. Below is a table with the information Buyins.Net provided: Month Total Vol. Short Vol. Avg. Price Short $ Value ----- ---------- ---------- ---------- ------------- December '06 129,076 9,939 $ 0.96 …