RFE series 2018-1 reds trust

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  1. 398 Posts.

    Hey W, I still reckon the shorter is the accumulator. If they're using two accounts to buy and sell, then some sells could be short (technically) but they already have the shares to cover it in another account...

    For example, look at the trade this morning where there was a 70,000 bid at 110, and someone sold 69000 into it. Someone just happened to have that many shares they wanted to sell and there just happened to be a 70K bid? I don't think so... Will we see 69K short on today's report?

    Just a theory, because it looks very similar to behaviour we saw a couple of months back when short sales were reported on RFE...

    But is that sort of trading legal? I wouldn't think so but it appears to go on...

    Anyway, I'm watching again, shouldn't!
 
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