RE: short squeeeeeeez coming? I don't know what the largest short position was on MAA, but I don't think it was all that big. The sell-off on MAA was created by three groups:
A)The institutions who put up an insurmountable number of shares at the ask in order to drive the price down so they could acquire more shares at a cheaper price (*note: these bozos had way more to do with the drop in share price than any short seller).
B) Sellers (who actually owned the shares) deciding to take profit in the face of bad economic news (are you going to criticize these people too, Shiningstar?).
C) And lastly, short-sellers, whose position, by the look of things, was so small that any impact they had on the share price falling was mininal, at best).
I asked you a question some time ago to which you never responded, and I look forward to your response .....
If short-sellers caused all this mess on the stock markets, how do you explain that during the moratorium on selling financials short in Canada and the US, share prices in this sector continued to fall?
The main reason behind the stock market collapse is the sub-prime mess. The second reason is people are exiting their mutual funds in droves, and in order to pay these people in cash, the companies operating mutual funds (most of which are "Long ONLY Funds,") have to sell off stock in order to get the cash to pay off those redemptions.
The rules are not going to change. Not for you nor anyone else. And if you didn't know that going in, you certainly have to know that now.
The economy is slowing down. That has a huge impact on the markets, and in case you were not aware of it, bear markets and lagging economies can last twenty to thirty years. MAA, like the majority of companies out there, may not see a significant rise in their share price for a decade or longer, and short-sellers will have had nothing whatsoever to do with it.
But it's a convenient place to lay the blame.
SR