SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry Brubaker who wrote (14623)9/16/1999 7:21:00 AM
From: Rich Wolf  Read Replies (2) of 27311
 
Hi Larry, Would it not be true that if I had two brokerage accounts, and used one to short a certain stock while I used the other to buy shares of the same stock, then the reported short interest would increase if I did not close the short positions? That is all I am saying. Whether it was with the same account or not, or whether it was CC shorting and an agent covering (but not closing), it would give the same effect.

If I were CC, and wanted to keep my options open for attempting to drive the price down in June and July, I would have planned ahead and obtained long shares for that purpose. It would be easier, come summer, to drive the price down with long shares than by mere shorting alone (due to restrictions on shorting to an uptick bid only). If POs came early, I could always close the short position with the long shares, so I would be hedged.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News