RE:RE:Shorts problemhappyretirement wrote: The problem is not the shorts, it is the constant washing of shares between CIBC, Anonymous and others that just trade shares back and forth reducing the SP in 100 share lots. I have to ask pineapple with a 50% drop in SP since the release of Q1 late by one day, would it have been worse if they released and then required to restate again possibly 6 - 9 months later for something that did not even affect the final numbers? Previous acquisition clarification was reason for delay and a 50% drop is not justified.....
Happyretirement: I agree with you. I have watched the trading in detail for weeks now. I'd estimate 95% of the trades involve the following houses: 1, 7, 79. Back and forth, up and down. Wash, rinse and repeat......these same brokerages will turn bullish in the near future, just like they did last round.