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Everyone's shorting

2 messages,  Last post on Apr 23, 2008 at 9:03 AM

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Everyone's shorting by felonious
Apr 23, 2008 (7:29 am)
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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] by mikedrud
Apr 23, 2008 (9:03 am)
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Replying to: felonious (Apr 23, 2008 7:29 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.

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