Peppie,
I like Jossette's comment. It makes me think of panic buying rather than panic selling. Thats what shorters would have to do I suppose in a period of good news.
Sounds weird to me. I get the basic concept that you can short sell if you think a company is overvalued. Same as buy if you think undervalued. But I don't do it because Ben Graham said don't short.
No one should know yet if that announcement is good or bad. LT holders must think a high short % is not bad. It can only mean buying pressure I would've thought.
nice day - but $13 still a way to go, page-14
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$16.36 |
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| Open | High | Low | Value | Volume |
| $16.19 | $16.53 | $16.12 | $48.34M | 2.959M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 824 | $16.34 |
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| Price($) | Vol. | No. |
|---|---|---|
| $16.38 | 1336 | 2 |
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