CIDM SqueezeTrigger Price is $1.52. There is $843,948 That Short Sellers Still Need To Cover.
April 20, 2017 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net is monitoring Cinedigm Digital Cinema Corp (NASDAQ:CIDM) in real time and just received an alert that CIDM is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 551600 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $1.52. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net .
From August 2009 to March 2017, an aggregate amount of 110395668 shares of CIDM have been shorted for a total dollar value of $110395668. The CIDM SqueezeTrigger price of $1.52 is the volume weighted average price that all shorts are short in shares of CIDM. There is still approximately $843,948 of potential short covering in shares of CIDM.
Buyins.net has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.buyins.net .
Cinedigm Digital Cinema Corp (NASDAQ:CIDM) - Cinedigm Corp., together with its subsidiaries, distributes and aggregates independent movie, television, and other short form content in the United States. It operates through four segments: Phase I Deployment, Phase II Deployment, Services, and Content & Entertainment. The company is involved in the collection of virtual print fees from motion picture studios and distributors, and alternative content fees from alternative content providers and theatrical exhibitors. It also provides monitoring, billing, collection, verification, and other management services to the company s Phase I Deployment and Phase II Deployment, as well as to exhibitors, who purchase their own equipment. In addition, the company distributes content in the home entertainment markets through various distribution channels, including digital and video-on-demand, as well as physical goods, including DVD and Blu-ray discs; and theatrical distribution of third party feature movies and alternative content. It manages a library of distribution rights to various titles and episodes released across digital, physical, theatrical, home, and mobile entertainment platforms, as well as services digital cinema assets in approximately 12,000 movie screens in North America and various international countries. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is based in New York, New York..
The SqueezeTrigger database of billions of short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net
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