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reallybadtrader

08/01/07 8:55 PM

#7919 RE: siriusadult #7917

The total shares short hsa been under 2.2 million for the past two months so it hasn't gone up for a while.

As far as to who is selling, what makes you think its not several of the larger share holders liquidating some of their position? The short ratio has not gone up...it stands to reason that larger holders have liquidated over the past six months while shorts have used that opportunity cover their position.
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EMarshall

08/01/07 9:31 PM

#7921 RE: siriusadult #7917

you are so right. you don't have to sell from a large position to take advantage of lending your shares out and making a nice conservative guaranteed 5% return and still be able to sit back and wait for the turn around. Which proves in some cases you can have your cake and eat it too.