These numbers fly against the facts of accruing short interest. Someone must be lying in their testimony to the AAII;
here is the data since 2004 someone should plot it against the AAII ledger for the same period. Note in the long tabulation of growing Short interest the decline in the number of companies.....add to this problem stock buy backs, and we have a shrinking market against which accumulating liabilities are being drawn.
Running tabulation of the Short Interest Picture Now well notate what happened generally to price. April 15, 2003 4,456,502,765 3,592 May 15, 2003 4,386,454,785 3,566 June 13, 2003 4,604,557,148 3,569 July 15, 2003 4,683,497,070 3,504 August 15, 2003 4,404,472,224 3,472 September 15, 2003 4,521,740,414 3,497 October 15, 2003 4,584,107,664 3,474 November 14, 2003 4,563,123,033 3,456 December 15, 2003 4,713,016,555 3,440 January 15, 2004 4,687,305,136 3,454 February 13, 2004 4,593,580,829 3,463 March 15, 2004 4,855,579,913 3,443
March 15, 2004 4,855,579,913 3,443 April 15, 2004 4,993,345,137 3,443 May 14, 2004 4,958,452,082 3,416 June 15, 2004 5,170,987,973 3,430 July 15, 2004 5,109,696,729 3,405 August 13, 2004 5,157,706,325 3,400 September 15, 2004 5,248,399,985 3,398 October 15, 2004 5,130,673,030 3,413 November 15, 2004 5,024,315,108 3,391
December 15, 2004 5,095,006,234 3,393 January 15, 2005 5,041,477,963 3,357 Febraury 15, 2005 5,357,779,121 3,371 March 15, 2005 5,577,053,459 3,357 April 15, 2005 5,609,077,523 3,347 May 13, 2005 5,716,066,911 3,354
June 15, 2005 5,840,614,782 3,344 July 15, 2005 5,748,318,831 3,352 August 15, 2005 5,821,353,067 3,353 September 15, 2005 5,811,842,432 3,337 October 25, 2005 5,944,351,614 3,316 Big Price Manipulation OCT taking was absolute Theft by deception. November 25, 2005 5,913,634,842 3,302 Marginal Price recovery off of covering December 27, 2005 5,882,483,998 3,311 Neutral trade range as Individuals are paid less on EOY tax planning. January 13, 2006 5,885,355,970 3,312 February 15, 2006 5,801,377,970 3,305 March 15, 2006 6,198,926,815 3,295 |