Aggregated shorts getting stacked on an unparalleled rates. I was expecting them to top out in yesterdays report, but up again. If they are up again tomorrow they will be at historical highs, higher even than were taken out when it was realized UBS would have to dump hundreds of millions of shares at a 40% odd loss!
Seems all the 'fundies' except AG are more confident of lower prices now then they were when UBS was trapped with half the float to offload. Not looking great wrt fund sentiment esp with all the propping they were doing to add more shorts at the highest possible prices.
ARI Price at posting:
20.5¢ Sentiment: None Disclosure: Held
