Thursday, August 27, 2015 10:19:22 AM
Neither figure is accurate.
One is wildly overstated, due to the use of daily Reg SHO data instead of real short interest.
One is wildly understated due to crooked management lying about it.
I leave it as an exercise for the reader to calculate which figure is which.
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
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