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Shail

06/23/14 2:36 PM

#31268 RE: SPM555 #31267

Agreed. Today is definitely good and I hope it continues to stair step upwards in the coming days.

High time it did.

GLTA.

mcsharkey

06/23/14 8:27 PM

#31272 RE: SPM555 #31267

Dunno why we had the volume today (you all probably realized that). I do have the 16 days of June, Short Report. And, as you say, SPM, it is the highest volume in quite a while. But really not all that outrageous. Granted, it is more than double our daily avg. for June. The last four days have had such a high SHORT SALE ratio though.

Short trades done over in the DTCC, that doesn't mean these wholesalers can't come over to the retail side and pump us for a while.

I'm long. Liking the rise we're getting from .10, however. Just feel we're getting ___ with for the short term gains of some wholesale traders.

We have 2.4 million shares available for short trades @Interactive Brokers (those shits:). The high volume of true short sales today would have to be closed out by late Wednesday or early Thursday from the standard formula.

Lots of extended period options though. Here's what I got on data.

[/quote]


Date RegularVol ShortVol VolShort Close

23-Jun 1,899,312 1,051,221 55.35% 0.13
20-Jun 1,002,308 430,702 42.97% 0.13
19-Jun 606,652 295,466 48.70% 0.12
18-Jun 543,114 318,787 58.70% 0.12
17-Jun 1,236,700 359,137 29.04% 0.12
16-Jun 590,128 103,494 17.54% 0.12
13-Jun 1,260,406 442,739 35.13% 0.12
12-Jun 1,280,945 603,282 47.10% 0.12
11-Jun 1,256,754 112,069 8.92% 0.11
10-Jun 478,040 51,877 10.85% 0.11
09-Jun 384,816 6,000 1.56% 0.11
06-Jun 1,123,646 381,982 33.99% 0.11
05-Jun 331,290 94,500 28.52% 0.11
04-Jun 1,836,428 284,255 15.48% 0.11
03-Jun 520,821 206,000 39.55% 0.12
02-Jun 373,520 102,400 27.41% 0.11

14,724,880 4,843,911
AVG ~920K ~308K ~32%

[/quote]
Don't know, just don't see the endorsement by Pillar as all that great to cause the spike we've had.
GLTA
VR
Mike