RE:RE:RE:RE:RE:RE:RE:RE:Shorts Still There5,
Why would a bunch of dumb investors all get the same idea to sell at market in the first minute of trading? More than that, the bimonthly report for the period ending May 16 shows that 32% of all trades were short (24% by volume). We already know this company is consistently heavily shorted. I don't think the traders who sold at the open were dumb. Just the opposite. These are sophisticated operators who know exactly what they're doing.