Last post on Apr 23, 2008 at 10:03 AM
You are in the Car Stock Exchange
What is this discussion about?
#1 of 2 Everyone's shorting
Apr 23, 2008 (8:29 am)
It seems to me like everyone's shorting on everything, lately. I saw my 7-day % go up the most it has since day one, and yet my overall position has dropped a spot!
Mike, do you have general stats on holdings? I'm curious to know how many of them are shorts and how many are outright purchases.
#2 of 2 Re: Everyone's shorting [felonious]
Apr 23, 2008 (10:03 am)
Not everyone is shorting. It depends on the stock in question -- I have seen several go up over the last week or so. So much of this activity is calculated short-term strategies at play. The market overall has been down in recent weeks, but there is still enough inactivity from dormant players and day-trading to keep things stable.