InvestorsHub Logo
Followers 1
Posts 307
Boards Moderated 0
Alias Born 10/04/2010

Re: pipedreamz76 post# 3075

Wednesday, 10/19/2011 2:14:21 PM

Wednesday, October 19, 2011 2:14:21 PM

Post# of 7280
Agree with the consolidation!

The daily short sales do not have to indicate short interest. The MM uses the short sales to maintain liquidity, and to avoid carrying any sizeable inventory. They sell it short at the ask price and then buy it back at the bid price, maybe .01 margin. These numbers just provide additional insight into the day's trading activities.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.