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abh3vt

02/25/10 11:11 PM

#1362 RE: hebercreeper #1361

Thanks for that link. It may be useful in the future, but this comment was pretty instructive:

Basically he said that there's an important distinction between aggregate short volume data and short INTEREST data, and that the short interest data give a more accurate snapshot of what's really going on.

This could be market maker activity that are showing up as "short volume" when they are only short for a very brief time and close out the trade by the end of the day. I think the "short interest" data is more relevant, and it is virtually nil in CKGT.
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StevenRisk

02/26/10 7:36 AM

#1364 RE: hebercreeper #1361

He explained that it's aggregate short volume, and reflects only one side of the trades in question. Trade reporting regulations allow only one side of a trade to be reported, and many of these trades have several legs. So the result may be a net long position, but the short leg gets reported.

I would suggest it is some longs looking for a cheap way to increase holdings. Wonder who that is?