RE: RE: interesting discrepancyI thought you had suggested it when I was wondering about short positions by house about 3 weeks back. You were probably kidding at the time then. In any case, I guess it would take some gall for an institution like TD to naked short am iconic Canadian company. Let's strike my comment from the SH record then :).
But don't you think someone seems to have had a large naked short position? I'm finding it hard to explain away the big discrepancies between the share lending market and the reported short positions.
There could be more borrowed than sold short but it's the big drop in borrowed versus the relatively small covering (at least up to Sept 15) that seems really out of whack. There are some dividend-hog arbitrage strategies that work well in stable scenarios that can account for spikes in the share lending market but the discrepancy with YLO is pretty huge.
Mark