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Post by frenchysxm on Jun 9, 2014 23:28:34 GMT -5
The new short position report is due out after 4 PM tomorrow
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Post by babaoriley on Jun 10, 2014 0:48:43 GMT -5
And I believe whoever likes to should take a guess at the number; I believe the May 15 number was 68,035,000. Let's round our guesses to the nearest 1,000.
My guess is 69,615,000.
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Post by hopetoretire on Jun 10, 2014 1:03:24 GMT -5
I'll say 51,105,224
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Post by MnkdMainer (MM) on Jun 10, 2014 5:02:27 GMT -5
I would have said 49M, but the higher price and my inexperience has me thinking Baba is right.
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Post by sunny3999 on Jun 10, 2014 5:27:32 GMT -5
I would roughly estimate that we should come to 57.5 Mio, but we have to take into account that it counts only till 30 May...In June we had days with 30 Mio trading volume which could end up by drastically drop of the Short interest!
Results for: 3 Month, From 09-MAR-2014 TO 09-JUN-2014
Date Open High Low Close / Last Volume
06/09/2014 10.64 10.9 10.4 10.7 10,288,870
06/06/2014 10.05 10.42 9.85 10.28 9,442,900
06/05/2014 10.9 11.11 9.65 10.04 33,213,420
06/04/2014 9.71 10.55 9.7 10.54 29,916,550
06/03/2014 9.1 9.56 9.01 9.51 13,423,450
06/02/2014 9.05 9.21 8.94 9.03 9,036,255
05/30/2014 8.7 9.46 8.51 8.9 21,561,140
05/29/2014 8.18 8.6 8.1 8.55 10,487,020
05/28/2014 8.02 8.2 7.77 8.17 11,100,900
05/27/2014 7.9 8.05 7.84 8 7,922,170
05/23/2014 7.85 7.89 7.51 7.77 8,546,181
05/22/2014 7.83 8.08 7.68 7.76 12,620,680
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Post by rak5555 on Jun 10, 2014 8:44:26 GMT -5
71000001. Interest rate on borrowed shares is still increasing which makes me think more shorts. Offsetting this is increased margin requirements so...........?
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Post by rockyp on Jun 10, 2014 9:12:26 GMT -5
72,362,000. The current rally was just getting its legs by 31May, probably not enough to have forced many margin calls, but enough for some additional shorts hoping for a quick profit on a price correction to jump in. Also, I still think a lot of the short interest is being used as a hedge in a sort of straddle with long calls. As a hedge against the binary event, it will be held until at least the FDA decision. For institutional-sized short positions, closing out the short position post-approval will add to the short squeeze which in turn will increase the value of their long calls, so shorting can be a more effective hedge than just buying puts.
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Post by kc on Jun 10, 2014 14:28:53 GMT -5
Time & sales volume indicate that only buyers are traders under 1000 shares. Avg trade 100 shares. The big buyers and sellers are sitting back. What is the messaging. To me it looks like a new set up for a Bear taking down the market. Let all the small players in and then cut their legs out and in the panic they sell their positions. Anybody agree or disagee?
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Post by nemzter on Jun 10, 2014 15:05:57 GMT -5
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/30/2014 68,246,601 11,207,127 6.089571
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Post by babaoriley on Jun 10, 2014 15:17:49 GMT -5
Settlement Date Short Interest Avg Daily Share Volume Days To Cover 5/30/2014 68,246,601 11,207,127 6.089571 So, essentially the same. But you can bet many covered, but many new shorts were born! Someone's going to have a problem one of these days. |
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Post by sunny3999 on Jun 10, 2014 15:27:18 GMT -5
This will blow away some shorts and the PPS up to 20$ easily. isnt it easy silly  Whats wrong with that guys or do we have a wrong expectation ? |
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Post by alcc on Jun 10, 2014 16:01:20 GMT -5
Those poor bast--ds who shorted at $2,3,4,5 and covered, I feel so sorry for them -- NOT!
I will never figure out what these shorts are thinking. Short after the big pop post partnership, maybe. But now?
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Post by babaoriley on Jun 10, 2014 23:12:06 GMT -5
Those poor bast--ds who shorted at $2,3,4,5 and covered, I feel so sorry for them -- NOT! I will never figure out what these shorts are thinking. Short after the big pop post partnership, maybe. But now? Lots of money lost there, that's for sure. And some haven't fully covered yet! I can imagine what kind of stress it's putting on their portfolios, I've been there with NFLX a while back (uncovered calls), not good! |
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Post by kc on Jun 11, 2014 10:19:53 GMT -5
Most of the shorts know the game and play the .25 to .75 margin game everyday. They make it going up and down and we are just long investor. Don't feel bad for them. Just buy and hold long term. They make their money moving the market up and down. When a 10.00 stock moves in a daily range of about .75 in either direction they get their juice. Its when it doesn't move or it gets the wild jump that some of them get slaughtered. If the retail investor sets limits or gets scared when a stock moves .75 cents then they should not be in the market.
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Post by babaoriley on Jun 11, 2014 10:43:57 GMT -5
Just check out today's trading, for example! Market is getting hit, biotechs have rallied and are higher.
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Whats wrong with that guys or do we have a wrong expectation