(GM) SqueezeTrigger Price is $27.896. There is $1,705,091,062.60 That Short Sellers Still Need To Cover.

0 Comments | M2 Presswire, January, 2008

M2 PRESSWIRE-31 January 2008-BUYINS.NET: (GM) SqueezeTrigger Price is $27.896. There is $1,705,091,062.60 That Short Sellers Still Need To Cover(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:30012008

BUYINS.NET / http://www.squeezetrigger.com .

From January 2005 to December 2007, an aggregate amount of 2843870267 shares of GM have been shorted for a total dollar value of $76,784,497,209.00. The GM SqueezeTrigger price of $27.896 is the volume weighted average price that all shorts are short in shares of GM. There is still approximately $1,705,091,062.60 of potential short covering in shares of GM.