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 (14845)9/26/1999 9:46:00 PM
From: Rich Wolf  Read Replies (1) of 27311
 
Larry, you needn't see any increase in the reported short position this next month, in spite of the fact that the short parties were clearly selling. This is because the selling could have been an 'unboxing' of their boxed short position from trading the rolling stock this spring. We've discussed this before. In fact, given the evidence that shares of Valence are harder to come by for shorting purposes, if I was involved in a death spiral game, I would have shorted and then boxed my short position in the 6 months prior, just as we saw. That way, come the onset of the death spiral I would not have been dependent upon access to fresh shares to short, rather I could just reach into my pile of long shares. Yet the reported short interest would not increase.

Doesn't take an advanced degree to see what a hedge fund would do: keep its options open at all times.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News