RE:RE:Short 7.5% as of Feb. 15th For me, what's most amazing in this big increase in shorts it's the amount added( 4,254,198)versus the number of share traded in these 10 sessions.
A dirt and rapide count gave me about 11 million share traded in these 10 sessions.
So close to 40% of them were shorted.The high and low of the period was $79.00 and $94.65
It's impossible to know the average price of the short but i think that taking the average price
would be a good guess.
So it would put the short at about $86.83.
We all know that when you buy a stock you can only loose 100% while your loss on short
is technicaly unlimited.
Talk to guys that shorted amazon, Apple, Tesla...
I don't expect to see WFG triple,quadruple ... but i think with this kind of valuation and balance
sheet strengtening by the days,the shorts are in for big loss in a not to distant future.
Time will tell