"My little friends", Frank? Is this another of your conspiracy theories? I guess only you know what you are talking about. Anyway, here's the point. Graystone, in his inimitable style, posted the opinion that Asensio created the large short position in KRY. Did he base this on fact? Simple answer, no. Three days before Asensio published his first report (March 3), the short position was 1.18 million shares. Three weeks later, it peaked at 1.36 million shares. On April 30, it was 1.04 million shares, actually 140,000 shares less than where it was before Asensio. Conclusion: Asensio had little effect on the KRY short position, boosting it about 10% and then only for a couple of weeks. In fact, the short position was nearly a million shares a full 6 months before Mr. Asensio appeared on the scene! Asensio created the large short position in KRY - yeah, right Graystone.
Of course, this is only for the TSE, so if you are in possesion of the stats for the U.S. market, please share them with us. Here's the raw data I got from the TSE:
KRY Short Position on TSE:
1996
October 15 0
October 31 53,443
November 15 54,700
November 30 13,600
December 15 600
December 31 20,800
1997
January 15 0
Janaury 30 0
February 15 0
February 28 243,900
March 15 48,000
March 31 4,000
April 15 11,000
April 30 73,300
May 15 103,642
May 31 317,900
June 15 191,350
June 30 227,500
July 15 369,235
July 31 852,800
August 15 718,687
August 31 954,962
Sept 15 879,957
Sept 30 901,600
October 15 938,600
October 31 854,000
Nov 15 881,450
Nov 30 928,500
Dec 15 1,023,903
Dec 30 876,425
1998
Jan 15 867,100
Jan 30 1,066,200
Feb 15 1,197,700
Feb 28 1,181,734
Mar 15 1,177,600
Mar 30 1,369,400
Apr 15 1,289,050
Apr 30 1,044,100 |
