Todays short report is likely to be irrelevant as it covers the...

Todays short report is likely to be irrelevant as it covers the period up until the Amgen announcement. Its the next one that will be interesting although as posted before I suspect the shorts have piled back in again having ridden out the announcement by their usual tactic of churning until the buying surge is over and then pushing the s.p. back down again. I cannot prove that this is what happens but it is consistent with the trading pattern following several occurrences over the years . The first one I remember was JPM buying one million shares on market .