(GM) SqueezeTrigger Price is $27.895. There is $1,716,530,543.00 That Short Sellers Still Need To Cover.

0 Comments | M2 Presswire, February, 2008

M2 PRESSWIRE-1 February 2008-BUYINS.NET: (GM) SqueezeTrigger Price is $27.895. There is $1,716,530,543.00 That Short Sellers Still Need To Cover(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:31012008

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

From January 2005 to December 2007, an aggregate amount of 2844659167 shares of GM have been shorted for a total dollar value of $76,805,797,509.00. The GM SqueezeTrigger price of $27.895 is the volume weighted average price that all shorts are short in shares of GM. There is still approximately $1,716,530,543.00 of potential short covering in shares of GM.