Posted On: 08/26/2015 9:00:15 PM
Post# of 11040
over the last ten days market makers sold too many short
norcalpsl Member Level Wednesday, 08/26/15 08:50:06 PM
Re: None
Post # of 25426
MY OPINION
over the last ten days market makers sold too many short positions and now the shares are no longer available for them to cover. The company share buy back program is causing a shortage of available shares for the shorts to cover on by the end of the month.
norcalpsl Member Level Wednesday, 08/26/15 08:50:06 PM
Re: None
Post # of 25426
MY OPINION
over the last ten days market makers sold too many short positions and now the shares are no longer available for them to cover. The company share buy back program is causing a shortage of available shares for the shorts to cover on by the end of the month.
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