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MGIC Investment Corp. Message Board

  • olley4863 olley4863 Feb 1, 2013 12:25 PM Flag

    shorts increase 1.18% 30.2mills short

    Set your sells at $10 min

    Sentiment: Hold

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    • is it true others cannot short if your shares are set to sell at a higher $$?? I've heard of this before and wasn't sure if it really worked if all longs rallied and did this

      on some trader sites if the stock price is under $3 then the max sell price i can put in is like $5 or something like that

      Sentiment: Strong Buy

      • 1 Reply to kppa17
      • Most of this is old wives tails when the system worked a little different. Shorts will cover because the price will go up, and because they know the fundamentals are working against them. Setting your shares at a higher sell price just gives visibility to your ownership to the autobots which will use that knowledge to walk a price down versus prevent something from being borrowed. These shares can be borrowed over an over if they want. Or not borrowed at all. The more unwitting shorts borrow and short at these levels the more fuel they provide for the advanced overtime. So let them borrow at will.

        jw

        Sentiment: Strong Buy

 
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