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Re: vegetto post# 3092

Tuesday, 04/19/2011 2:08:36 PM

Tuesday, April 19, 2011 2:08:36 PM

Post# of 39711
Hey Vegetto.

first of all, I just want to say thank you for being a real individual. I want to thank you for being thoughtful, reasoned, and well-spoken, and well-written. Correct grammar, spelling, and everything. smile

unlike some of the idiot post-every-five-minutes-even-though-i-dont-even-own-this-stock people on here...ahemm...

So please help me learn about how to analyze short selling. I thought that the first number, "short volume", is like...the number of shorts left at the end of the day uncovered. Like, for example, if I short a stock, and then I cover, I am no longer short, so then I am not a part of the short volume at the end of the day, but my moves should be counted as part of the overall volume.

Otherwise, how do you explain a short volume percentage of 7% on the biggest crash day of all? Only by saying that there were WAY more shorts than that, but that the drop was so big, that they cashed in on the same day and left. Now what you want to see is the overall short volume since then, those are all the short bag-holders...which in my previous post I totalled up to around 50 million shares...and volume isn't so high anymore...

Please confirm this thinking, or educate me good sir! You seem like you know what you are talking about. Am I looking at shorts the wrong way?

Thanks...love...

-breezy-