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Wednesday, November 28, 2012 4:58:12 PM
on market down day this looks ready to fall.
last 2 days it is struggling to go north.
>>
Short sellers pressed into tech and Internet stocks during the period that ended November 15, a gamble that consumer spending on and business investment in electronics products and IT are not nearly as robust as expected. Additionally, companies that may have trouble moving into the portable device market were attacked
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www.justitiasro.skThe short interest in Microsoft Corp. (NASDAQ: MSFT) rose 11% to 109.8 million shares. Shorts built that position just as Windows 8 was launched, and at about the same time as PC companies released poor results based largely on the move of computing to smartphones and tablets. Shares sold short in Dell Inc. (NASDAQ: DELL) rose 12% to 57.6 million. Even Apple Inc. (NASDAQ: AAPL) was not immune. The short interest in Apple’s shares rose 28% to 21.6 million, a shock because Apple’s shares have done so extraordinarily well.
Read more: Short Sellers Attack Tech - 24/7 Wall St. http://247wallst.com/2012/11/28/short-sellers-attack-tech-2/#ixzz2DYbnGXTk
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