Apple Inc. (AAPL) Message Board
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Barron's blows shorts out of the water next week with front page positive news
Shorts will blow themselves out of the water as they race to cover to tax their tax gains before year-end. It's just a question of which day they start the process. No one would want to be caught short here once the tax gain seller pressure is off the stock going into what is likely a huge quarter.
Sentiment: Strong Sell
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Short interest isn't that high. I agree with other here that shorts really aren't the reason this thing is tanking. It is PROFIT taking. Pure and simple, ahead of the bogus, contrived scam of "fiscal cliff". Those selling are STOOpid.
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short interest is only 2% of the float. less than a single day of trading volume. Its not over shorted... its over owned. denial is so strong here.
Sentiment: Sell
- 2 Replies to calbucks09
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"Over owned" doesn't even make sense, idiot. The only thing worse than denial is lacking knowledge. You appear to be suffering from both.
Sentiment: Strong Buy
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Possibly, but I don't think we can see what it is past November 15th. But, even still, it's double is typical average and the number of days to cover before year-end are running short. I assume they must cover before tax gain selling ends (just my thesis).
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