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


To: Kevin Podsiadlik who wrote (2565)8/23/2000 10:33:06 AM
From: AK2004  Respond to of 4155
 
Kevin

re:you need to put it in some sort of context for the figure to be meaningful

that is very true; how about if there are no short positions are covered that does not create extra demand for shares (sqweeze) but rather right opposite - shares are still shorted.

You had a good point there but wrong conclusion, IMHO

Regards
-Albert



To: Kevin Podsiadlik who wrote (2565)8/23/2000 1:09:28 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 4155
 
kevin, how do you " inch yourself out of their 64,000,000 share positions "
at a rate of 2 mill shares a day,
when part of the volume are net buyers and not shorts covering?

You must have been dreaming again,

cheers

TA@ Message 14259062

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Message #2565 from Kevin Podsiadlik at Aug 23, 2000 9:00 AM
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?