RE:79% of sales AND DARK POOLS short todayI remember when shorts were adding ahead of the partnership news, I asked if anyone can figure out why they would do this. People couldn't figure out why. They must be stupid or so we thought. Well, it turns out they weren't that stupid, we underestimated them. Let's not repeat that mistake.
Now, shorts are adding heavily to their position again. They must think they can drive the price down much lower? Frustrate the longs and cause more to give up, since the one big catalyst we were hoping for did not really materialize. We were hoping for a commitment of $1.5B or more. We got a tentative commitment and $37.5M in guaranteed cash so far. It's still a big step forward, but less than most longs were hoping for.
AlphaGroup wrote: Intersting data today folks...so the short volume was greater than total sales! Clearly some shorting going on in the dark pools, as such we have tabulated the short % as a % of sales and dark pools as otherwise it doesnt make alot of sense
Irrespective of that about 3.4 mil shares short added today, about 4 mil last two days. they reloaded
| Daily Short Volume | | |
| | | |
| Volume | 6.549 | Million |
| Buys | 2.454 | Million |
| Sales | 3.050 | Million |
| Dark Pools / Unknown | 1.045 | Million |
| Short | 3.255 | Million |
| Short as a % of Sales and Dark Pools | 79% | |
| | | |
| Shares Sold By Longs | -0.205 | Million |
| 50% Sales by Longs Purchased by Shorts | -0.103 | Million |
| Short Interest Add / (Reduction) | 3.358 | Million |
| | | |
| Source: Trade Data Ihub/ Short - nakedshortreport.com/FINRA |