I went HARD today to stop the bleeding! Been holding mine since June and built enuff for a new home. Still holding enuff for 10 acres or @ Hummers. Yall quit cryin and buy cheap shares!!!
Thanks for pointing out the short volume. To me that explains a lot of what happened today. Effects may linger but everything we have been harping about (SHMPing about) is still 100% valid. And another day closer to harvest news.
That daily short number is basically meaningless. If you read the rules on how the short sales are classified you will also see that the corresponding buy that MM makes to cover that short is not reported or subtracted from the short sales number. Check a variety of rapidly moving stocks and you will see similar numbers.
The only short number that is published that has any real meaning is the one that comes out every two weeks, and that data is 10 to 12 days old when it is published.