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bobbies

02/20/10 9:46 AM

#8964 RE: Wingfoot75 #8963

we have to assume that the people who buy short are not total idiots. They are betting that the stock will go down, otherwise they would not have bought. What do they think they know that supports this position
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maone15

02/20/10 10:34 AM

#8968 RE: Wingfoot75 #8963

.. they were posting IB numbers, not total shares available to short on all brokerage firms.

So, no- they were not making up those numbers. It was the amount of shares avail. to short on Interactive Brokers.

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However, when someone posts something, do not blindly believe their statement. Follow up with their sources and confirm it for yourself.

Each of my posts include a link to my source, or explains how I came to such conclusion. It is good habit to verify all information for yourself: regardless of the author.