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Low volume? Shorts backing off, you say? Not sure

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Post# of 11899
Posted On: 03/04/2013 7:57:56 PM
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Posted By: EliteYoda
Re: The Illest #10690

Low volume? Shorts backing off, you say? Not sure that I agree with that assessment.


20130304|RFMK|45900536|0|92056538|O


Roughly 50% of the volume today consisted of short sale transactions, so it stands to reason that only a few hundred thousand shares were possibly the only regularly traded retail shares (trading hands). Talk about "providing liquidity", IMO this is over-kill. When less than 1/4th of one percent of the volume for the day is not a part of the business as usual daily shorting and covering gig by the market players out there, I should think such "trading" is rather suspect. BWTFDIK. AIMHO, of course.


Also note, this is after a Friday (one session earlier) which consisted of over half of the volume being short sales :


20130301|RFMK|11304868|0|21151685|O


The dark side clouds everything. Difficult it is to see the future.


GLTA


$RFMK



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