It looks like a family reunion here people. Lots of people from the past and present and I do appreciate your comments.
Well what made me send an email to the poor suffering Jako was this. It shows in the red and green numerals the fall/rise in share price. So if the % of shorts gets to above 30% there is a 22+11+4+6 (43) to 5:5:2:2 (14) chance of it falling.
So 43:14 chance of a fall once the daily shorting percentage gets to over 30%.
So it can mean two things. In a falling sector prices fall and people short because after all it is a falling sector.
But what happens when a sector is rising and the shorting is getting out of control? Well it probably means that to contain the demand you have to short and short and short more.
Its great to see you all on the same thread. I really do appreciate it because this is what Hotcopper should be all about.
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