Friday, August 06, 2010 3:06:35 PM
1) The Finra numbers have been showing us roughly 40-50% short each day, right?
2) If the short numbers are higher than 50%, it is not possible for ANY of the short position to be cleared for that day or for any previous days, right?
3) So if the FINRA number is anywhere near 50%, does that not tell us that much, if not most, of the daily volume was a buy? If not, please correct me here bc I admit it can get a little confusing to me.
Volume has been increasing daily here as of late:
2 days ago: 122K (red day)
1 day ago: 524K (red day)
Today so far: 743K (-23%)
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