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Re: Jackroch post# 3336

Tuesday, 03/29/2011 9:38:07 PM

Tuesday, March 29, 2011 9:38:07 PM

Post# of 6560
Jackroch,

I think that you missed the point of my post.

The point of my post had nothing to do with trying to determine whether a transaction is a buy or sell or whether the poster I was replying to was correct in his interpretation that recent transactions were sells.

My post was in response to a poster wondering if recent sells might be short covering. Regardless of whether the poster correctly interpreted these transactions as sells or not, my point was that a sell would not be a short cover, because a short cover is a buy, not a sell.
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