<This is more serious than I used to...>
Larry, I guess I don't quite understand the question...
Dell has always had an enormous amount of short-sellers...
Dell (for the past several quarters) has seen its stock drop (immediately after earnings) significantly...
Only to rally 1/2 way thru the next quarter...
It is not surprising, after the "doom and gloom" of this past quarter, that shorts, who have followed Dell, would see this as an "easy" short....After all, would you try to short Amazon now?
I guess if Dell does fall into the 50's (and who knows if it will...may or may not)...more shorts will join the party.....
One thing's for sure: at some point, they will have to cover...so things do even out, or better said, eventually, open short interest is bullish for the stock....
So, in the long-run, who cares?
Large "open" short interest is not going to chase away the smart money from Dell......WE (ggg) know what we got here.... |
