<< is it not possible there was a fair short position building over the last few days ,,put out a little negative comment and whamo,, reload >>
Not quite sure I follow what you're getting at here. Are you suggesting that UBS has been shorting, then covering after today's price drop?
On the subject of shorting, I don't doubt for a second that shorting has increased over the past 1-1/2 weeks since TMF recommended TDFX. However, consider that most of the still-uncovered shorts are likely out of the money. Even with today's small drop, the lowest the price went today is still higher than all but about six hours of trading time. Total. And the volume during that six hours wasn't all that heavy. As of today's close, only shorts sold between yesterday and today at about noon are in the money.
Please clarify if I misunderstood the point you were trying to make.
Thanks!
Piranha |
