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S&P 500
5,725.66
(
0.35%
)
US TECH 100
19,509.20
(
0.80%
)
Dow Jones
42,028.00
(
0.63%
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-1.40%
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sidaej

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sidaej

Re: None

Thursday, 07/22/2010 6:02:18 PM

Thursday, July 22, 2010 6:02:18 PM

Post# of 47116
Today's short volume is 20100722|CNEX|13680282|18285591|O
This clearly suggests that there is no dilution(atleast today) as 13.6M have just been shorted. So guys just hold on and let these guys cover at higher prices.
I think that, as PR is getting delayed by CNEX, these guys are making use of opportunity by shorting the stock and then covering it later at lower price.
I am long here atleast till Geo-results come out.
Cheers!!!

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