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Sibware

08/31/14 7:25 PM

#50 RE: Value_Investor #49

Well, from what i know about shorting is:

We cannot know the exact amount on a daily basis.
That would be too easy...
Some may cover the same day, some may cover later, depending on how many days they have to cover, and some other factors...

Only monthly shorts data can show the short interest on a ticker.
It's more like a monthly number or short interest percentage (or ratio) increasing or decreasing than a number of daily shorted shares.
When you check the monthly data here:

http://www.nasdaq.com/symbol/rgdo/short-interest

You see that the short interest has been increasing since March 2014.

Short interest is used by investors to measure the bullishness or bearishness of investors sentiment...

Also high short interest like here in RGDO is often seen as a measure of investor's pessimism.
But, many contrarians will see heavy short interest as a bullish sign for uptrending.
However, RDGO is in a downtrend, so the stock could suffer additional losses if the bears increase their positions...

A short squeeze is always possible if the shorts are caught off guard.
Usually happen if a Major PR a/o Filing is issued...
Deep pockets can also create the illusion of a short squeeze...
Shorts rarely lose...Lol...