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Re: viking86 post# 38879

Tuesday, 06/04/2013 1:47:24 PM

Tuesday, June 04, 2013 1:47:24 PM

Post# of 163722
Right, its just number of shares sold as short. Not only it doesnt say anything about shares that were covered but imagine that one shorter could be selling shares to someone who is covering by it. Meaning you can have 200k daily volume, FINRA numbers comes with 200k shares sold as short... then you would say, hey they couldnt cover if all the volume was sold short. But make no mistake, some other short from days before could be a buyer of these shares meaning total shares shorted on the stock stayed the same while ALL of the shares sold were shorts. Thats why these FINRA numbers doesnt really tell anything of use.
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