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Post# of 157004
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VETERANTRADER

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VETERANTRADER

Re: Ryoko post# 28961

Tuesday, 03/30/2010 12:17:15 PM

Tuesday, March 30, 2010 12:17:15 PM

Post# of 157004
You realize it's not the actually the short interest of the stock.

When an MM sells you shares that he doesnt actually have, it adds to that short number reported on that site. Then the MM covers his short by buying back those shares.

That 40% short number doesnt mean that there were people shorting like crazy. It just means MMs are selling you shares that they don't actually have, then they cover.

Very misleading.
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