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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (18287)4/24/2001 6:20:14 PM
From: sam_o  Read Replies (1) | Respond to of 37746
 
What's your take on this short interest drop, would you see this effecting tomorrows? If so, is it possible for you to paint your thoughts and the possible senario of the stocks action.



To: Softechie who wrote (18287)4/24/2001 8:48:54 PM
From: t2  Read Replies (1) | Respond to of 37746
 
XOXO Short interest dropped to 18,172,871 from 20,112,462 (-9.64%) as of mid-March. Tomorrow we see for mid-April.

I did not realize the data on Nasdaq short interest is out so soon..
From Nasdaqtrader?

I would think the short interest has declined significantly as of mid April in general. If it increased, we can probably forget about retests of the lows.