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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Brennan Wilkie who wrote (11890)5/8/1999 4:14:00 PM
From: keith massey  Read Replies (1) of 62348
 
Brennan

The short position is the net amounts of declared shorts on a stock. A short is when a person sells a stock that doesn't own it in hopes that the stock goes down. However you must be careful when reading a short report. A house can short the hell out of a stock and not report these short as long as their client hold double the paper that the house is short (someone correct me if I'm wrong). In other words the standard short report could show 0 outstanding shorts and the stock could be shorted for millions.

Best Regards
KEITH
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