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Re: None

Tuesday, 05/22/2012 8:02:08 PM

Tuesday, May 22, 2012 8:02:08 PM

Post# of 232507
Holdforsteak, more than 3 of every 5 shares traded today was short.

If a MM covers shorted shares, it shows up in the trade totals for the day. If the MM sits a bid and gets shares sold to them, the short is covered with a sell. If the MM for some odd reason has to buy at the ask, it shows as a buy. They have 5 days to cover shorts but can concurrently short additional shares while covering the old shorts. All this crap "while making a market".