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Thursday, May 20, 2010 10:25:21 AM
That daily short list has been badly abused by propogandists since it's inception. Trying to understand the nuances of a market can sometimes be difficult, and is made additionally so when information is twisted to support someone's pre-determined agenda.
Daily shorting is a normal market function, especially in thinly traded issues. It is needed to provide liquidity in an illiquid market. It is the MM's job, that's why they exist. Most of these are covered within minutes, if not instantly. While T+3 is the rule, it's probably never an actual factor.
Short interest is a completely different animal althogether. And it is negligible in RMDM, because it makes no mathematical sense to short zero.
Good job here.
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