RE:RE:RE:RE:RE:Short ratio on CXRXJust seeing this post now and your spot on capmorgan about craignogood!
He's greedy and is probably following Lattice around trying to figure out what his next move should be. What's the debt to EBITDA again? lol
capmorgan wrote: I'd rather see a large tax bill on 50% of my gains , then watch it double or triple.
quote=Craigbad]I still see further downside and closing my position would trigger a huge tax bill this year. For the same reason this is a big tax loss selling candidate, the opposite is true for someone with a large gain on a short position. Some may scale out depending on their year, but I doubt there'll be a huge squeeze, depends on the churn though.
visionaryfool wrote: I hear ya Craigbad. One thing I don't understand though... if you're short form say $30... its not at sub $5, if I were in that position, I would've covered, taken my profits on better things no? Just seems like a big risk to keep riding it down.
Craigbad wrote: It would be hard to imagine people who have been short since $30-35 and rode the ups and downs since then getting worried at this point. Many shorts, like myself, have long term positions and have a pretty good idea what next year will bring.
PROtrading wrote: As a short, I always worry about volume. Large shorts are very vulnerable here because if there is a run on stocks, it's going to skyrocket.... Shorts are expert traders but they are impacted by the same greed and fear human emotions that impacts all traders, long or short.
| Short Interest (Shares Short) | 10,895,900 |
| Short Interest Ratio (Days To Cover) | 5.4 |
| Short Percent of Float | 26.86 % |
| Short % Increase / Decrease | 29 % |
| Short Interest (Shares Short) - Prior | 8,459,800 |
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