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Nobahamas

01/09/16 3:28 PM

#3040 RE: charlie T colton #3037

RE: shortanalytics
They do not mention what data they are using, so for me it's a question as well.

One opinion:
I've looked at this site before and decided it is impossible to verify its data or conclusions. (at least for me) They use a proprietary algorithm and public data to draw the conclusions but don't specify what it's based on. Since every transaction needs a buyer and a seller, I find it hard to believe that someone can figure out what percentage of the transactions are 1- short seller selling 2- short seller covering 3- stock buyer buying 4- stock buyer selling. If a short seller sells me 1000 shares of MNKD is that classified as a short or a long on the graph? Not enough info on the method for it to be useful to me. It seems to me that if I could only get my crystal ball working again I could come up with equally valid estimates. :)

http://mnkd.proboards.com/thread/4450/shortanalytics-com