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Re: Wisebuys post# 18800

Sunday, 08/11/2013 1:58:35 PM

Sunday, August 11, 2013 1:58:35 PM

Post# of 34574
right, well i totally believe
that the figure is short selling

what i have trouble believing is that the figure also includes buys to cover short positions

i suppose if you see 200k on there and you sold 200k and that was the only transaction that day, then you could tell that it is reporting buys to cover

you know your own sale was not a short sale, and the only other transaction is the counterparty buying your shares, which then if you see the figure for the day is 200k, must be a buy to cover

but i dont hear you saying that

i am pretty sure the more we talk about it
that the figure is volume of short sales
not volume of short sales plus volume of buys to cover

wouldnt the figure i am thinking of be much more useful?
we dont know whether those were covered, but we do know they were sold short

the other way, you cant tell whether the volume is buy to cover or sell short or a combination. if it is the way i think it is, you know this many were sold short, although you dont know when or if they are bought to cover again