SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5ยข to $5 -- Ignore unavailable to you. Want to Upgrade?


To: zTrader_77 who wrote (32378)3/25/2005 12:01:17 PM
From: Max Fletcher  Read Replies (2) | Respond to of 120415
 
Short interest at all-time high. Will be interesting to see how this plays out over the next few months. A contrarian might arugue it is a bullish sign:

money.cnn.com

Short positions hit record highs

Short interest on the Nasdaq rises to 5.577 billion shares, while 8.419 billion shares for NYSE.
March 24, 2005: 6:28 PM EST

NEW YORK (Reuters) - Short interest on the Nasdaq stock market rose in the month through March 15 to its highest level ever, according to data from the technology-heavy exchange.

As of mid-March, total Nasdaq short interest rose to 5.577 billion shares, up from 5.357 billion in mid-February, Nasdaq said on Thursday.

The Nasdaq's short ratio, or the average number of days it would take to cover the outstanding short positions, rose to 2.87 days in March from February's average of 2.61 days.

On Monday, the New York Stock Exchange said short interest on the NYSE also rose to a record in the month through March 15.

NYSE short interest on March 15 rose to 8.419 billion shares from 8.007 billion shares on Feb. 15.

Short interest in the stock market is often a gauge for the level of skepticism among investors.

Rising short positions can be a bearish indicator, since investors are betting that more stock prices will fall. A reduction in short positions can be perceived as bullish.

Investors who sell securities "short" profit if stock prices fall. Short-sellers borrow shares and sell them, hoping to buy them back at a lower price and return them, pocketing the difference.

Some contrarian investors, however, see rising short positions as a positive signal for the market.

Because short positions represent stocks that must eventually bought, the existence of a large short position heightens theoretical demand for shares. That can cause an acceleration in upward movements in stock prices, as short sellers rush to cover positions before losing money on them.



To: zTrader_77 who wrote (32378)3/26/2005 9:18:20 PM
From: CusterInvestor  Respond to of 120415
 
kirby, I have been pondering (ok, maybe too heavy a word) over their use of the the word immediately in the pr. Most prs about acquisitions talk about long term benfit, yada yada, but with
DFNS having the bomb-resistant fabric material and the new company being involved with fabrics.............

It will enable us to advance our growth plans and to benefit, both immediately and in the long term, from increased and diversified manufacturing capabilities as well as a broader customer base."