whats ts everyone's thoughts about another large short position being completed in the past few days?? Could be the reason for the big sell, plus looking at data relating to shorts it looks like 3-4% of shares have been short sold, which is approximately the same amount of shares that have changed hands in the past few days. Could have short them from UBS or any of the subwritters.
food for thought, someone thinks this could drop further and allows UBS to make some money on their holding which they could just leave in the bottoms draw for a bit.
