Interesting the way you view shorts do you ever look at the data...

Interesting the way you view shorts do you ever look at the data Here are the facts. On October 25 there were 56M shorts open and the stock price was AU $7.12 then the stock started its sell off and sold down to 6.74 on November 24. There were a total of 48M shorts on that day so shorters had to buy 8M shares to cover during that time


All stock holders buy or short stocks to make money. They do this because they believe the stock is going to move. Not to make it move. Buyers have to buy low and sell high to make money. Shorter's have to short high and cover low to make money So shorters kept the Stock from falling They are not evil or corrupt just see things opposite of that what others Do. I have not shorted since 1999 -2000 I learned then one of the real down sides to shorting. When you borrow to short that is a callable loan and if the loaner does not like what the stock is doing he can call your loan with 24 Hrs notice. Just as I was making realy good money on my Dot Com shorts all the shares I shorted were called meaning I did not benifit from the very big fall to come. Since then I only play down side with PUTs.