LogFAQs > #950024179

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Topic	Stock Topic 16
red sox 777 01/28/21 3:48:09 PM #420:	CoolCly posted... I was just looking at this independently doesn't this mean the short interest can be settled easily? the volume is there within the current prices, i don't see why it would need to skyrocket to $1k or anything I don't think the volume is there. Most of it appears to be short stock being sold back and forth to each other. We had no real reduction in the short interest when we were doing close to 200 million shares per day. Don't think there's much long stock being sold in the 200s. I think the moment significant buying starts, either from new longs or from shorts covering, this thing is going to blow up. I think that's how the hedge funds see it or they wouldn't be moving heaven and earth to try to shake shareholders out of their shares. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:950024179] in Stock Topi... [t:79264244]...</cite> <quote>CoolCly posted... </cite> <quote>I was just looking at this independently doesn't this mean the short interest can be settled easily? the volume is there within the current prices, i don't see why it would need to skyrocket to $1k or anything</quote> I don't think the volume is there. Most of it appears to be short stock being sold back and forth to each other. We had no real reduction in the short interest when we were doing close to 200 million shares per day. Don't think there's much long stock being sold in the 200s. I think the moment significant buying starts, either from new longs or from shorts covering, this thing is going to blow up. I think that's how the hedge funds see it or they wouldn't be moving heaven and earth to try to shake shareholders out of their shares. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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