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Re: alabama96 post# 14178

Wednesday, 04/19/2017 9:14:05 AM

Wednesday, April 19, 2017 9:14:05 AM

Post# of 18476
That's different. If a MM shorts 1,000,000 shares, 10 times during the day, and closes out all of the positions by eod (as usually happens), there are 0 open positions.

But, the daily volume will show the total for the day as 10,000,000 (1,000,000 x 10).

The next day, people misunderstand the number and claim "10 million short yesterday ! Squeeze coming".

So, I am not disputing the raw numbers, but they are misused & abused.

"It is easier to fool someone, than to convince them they have been fooled."

For those that don't get it, it means that people need to be more careful, and do good due diligence.