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Re: Elliot09 post# 561

Wednesday, 08/31/2016 11:30:22 AM

Wednesday, August 31, 2016 11:30:22 AM

Post# of 1598
Much of this shorting is normal trading activity. If I am making a market I go low offer and sell stock at that price. I don't own any stock so now I am short. I now go high bid at a price a little bit lower than what I sold the stock for. Someone hits my bid and now I have covered my short position. I have made a profit. I now go low offer again. This gets repeated many times in a day in a stagnant market. That accounts for much of the short volume.

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