Having a 1% short interest is normal for IPIX and
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Posted On: 07/07/2017 7:05:08 PM
Having a 1% short interest is normal for IPIX and I hope the shorts get burned. But Alan doesn't think they need to cover so we are back to square one.
According to his theory, at least 100K naked short shares are being added daily. That means 2M shares monthly and 24M shares yearly. Since he started to report two years ago, there should be 48M naked short shares out there!
According to his theory, at least 100K naked short shares are being added daily. That means 2M shares monthly and 24M shares yearly. Since he started to report two years ago, there should be 48M naked short shares out there!
Quote:
Well, my answer is -- because much of it is covered the same day.
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