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Non-Tech : Conseco Insurance (CNO) -- Ignore unavailable to you. Want to Upgrade?

To: AK2004 who wrote (2563)8/23/2000 2:02:46 AM
From: oldirtybastard  Read Replies (1) | Respond to of 4155
 
all in all short interest does not affect the price for long , IMHO, but rather add volatility and distort equilibrium.

Just the opposite I would think...shorts are eventual buyers (well, maybe not with CNC) and provide bids on the way down.



To: AK2004 who wrote (2563)8/23/2000 9:00:05 AM
From: Kevin Podsiadlik  Read Replies (2) | Respond to of 4155
 
you should consider shares rather than $$$ value

Well you need to put it in some sort of context for the figure to be meaningful. What good does a high short interest do you if, in spite of the the core assumptions of the short-squeeze predictors, shorts ARE able to inch out of their positions without breaking the stock's long-term downward trend?


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