Will we see a repeat of 57% short or more today?
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Posted On: 11/08/2017 2:41:55 PM
Will we see a repeat of 57% short or more today?
"FINRA short sales of IPIX
20171107|IPIX|46822|0|92542|O
57% of today's volume was short sales!
Go IPIX!!!
http://regsho.finra.org/FORFshvol20171107.txt"
I don't think so. The shorts try to use wash trades to keep the percentage
under 30% as that number or higher can draw attention. I expect someone
screwed up yesterday and didn't process some large wash trades. I will be shocked if they make that mistake two days in a row as I suspect someone was read the riot act for allowing that to happen. Stay tuned but I am expecting less than 30% today. Go IPIX!!!
"FINRA short sales of IPIX
20171107|IPIX|46822|0|92542|O
57% of today's volume was short sales!
Go IPIX!!!
http://regsho.finra.org/FORFshvol20171107.txt"
I don't think so. The shorts try to use wash trades to keep the percentage
under 30% as that number or higher can draw attention. I expect someone
screwed up yesterday and didn't process some large wash trades. I will be shocked if they make that mistake two days in a row as I suspect someone was read the riot act for allowing that to happen. Stay tuned but I am expecting less than 30% today. Go IPIX!!!
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