Know what I am doing!!! I wish! Just trying to make some cash which has had its moments lately. I was away for Jan and missed a lot of the run.
I like to watch the shorting stats (although their accuracy is questionable). Here is a run down since 2 Jan:
2/01/2013 5,121,602
3/01/2013 4,879,800
4/01/2013 5,278,490
7/01/2013 5,652,569
8/01/2013 19,886,710
9/01/2013 18,946,991
10/01/2013 18,588,565
11/01/2013 19,110,963
14/01/2013 17,374,930
15/01/2013 16,676,608
16/01/2013 17,171,279
17/01/2013 10,493,304
18/01/2013 4,892,068
21/01/2013 5,773,349
22/01/2013 10,116,841
23/01/2013 10,124,053
24/01/2013 12,238,199
25/01/2013 12,237,633
29/01/2013 14,854,790
30/01/2013 7,681,135
31/01/2013 7,711,265
1/02/2013 8,460,964
4/02/2013 8,896,339
5/02/2013 7,815,379
6/02/2013 9,235,681
7/02/2013 9,382,083
8/02/2013 8,460,964
11/02/2013 9,357,068
12/02/2013 5,232,553
13/02/2013 10,447,995
14/02/2013 6,303,128
15/02/2013 7,902,083
Those that went short in Jan really got burned. They would account for 70% of the recent price spike IMHO. I do not believe the 10 million figure on 13/02. I see errors all the time (I know they are errors because they do not match the daily short data) but I believe that the short stats from the last three days will show a marked increase.... we will see.
ARI is a great trader's stock but if it goes against you it can really really hurt. Trust me, that lesson I learned the hard way. I think it will retest recent highs and then drift lower (or generally follow world markets). However, if we have a tough few days in the US then this will close the gap at 1.005 IMHO.
AGO got smashed today. If you made me choose between ARI and AGO I would hold AGO. Little debt, huge port access closer to customers.... so why did ARI not get smashed today???
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