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 : Dell Technologies Inc.
DELL 120.49+0.7%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sig who wrote (165148)5/7/2001 4:58:10 PM
From: t2  Read Replies (2) of 176387
 
Sig, Shorts still paint the PC sector with the same brush.
I would bet the shorting got even more aggressive after the April numbers were out. April short interest is based upon trades placed April 9. The weakness in Dell continued beyond this date while even value managers were buying the stock.
I wonder who was selling....Oh, I get it...it was the "shorts". Now they may be about to lose their "shirt".
OK..maybe I am going a little overboard.<g>

Still feel that the shorting did not stop in late April and the number of shorts caught on the wrong has only increased later in April, especially as Dell starting looking weak technically at times. Technical weakness attracts a lot of short sellers.

I am expecting to see the mid 30s before the earnings.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext