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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (62029)3/13/2002 6:19:26 PM
From: Jan Crawley  Read Replies (2) | Respond to of 70976
 
Gottfried, my thoughts:

First, as noted that Firms are required to report their short positions as of settlement on the 15th of each month. A compilation is published eight business days after..so we all got the published short interest # around 2/28, but the big players knew(had much better idea) earlier.

But we do know that the SI was 22.5M as of 1/15(settlement date)...and increased to 30.1M on 2/15...since the settlement date of 2/15 translated into 2/12 as the last trading date....so what were the price actions for Amat between 1/15 to 2/12...http://bigcharts.marketwatch.com/javachart/javachart.asp?symb=amat&time=&freq=
Mostly in the low $40s and hardly any shares were traded above $45 during the period. 8M MORE short shares were accumulated during the period.

From watching Amat's trading tape, we all know that 8M shares creates lots of up-pressure for Amat.