Thanks for the explanation, bull. It sounds spot-on to me.
I have never shorted a stock in my entire life. Some investors say, "God gave you two arms, use both of them. Go long on the way up, and short on the way down." My perspective is this --- if I go long $50,000 on a company my loss is limited to $50,000 but my upside has no limit. I could make a profit of $100,000 or $150,000. However, if I go short $50,000 on a company there is no limit to the losses I may incur if I'm bullheaded.
Because shorts have so much to lose when they take a position, I respect the risk they are taking and assume they are carrying on massive due diligence. As of December 15th, there are only 7,381 shares short PLUS which is reduced from the previous month's 39,153. They are wising up!
As usual, you make no sense. TIP trades at $101 and is an ETF.
I'm still trying to determine your purpose on this ePlus board other than as a sniper.
Your strong sell recommendation of ePlus on this board in December was classic. You're already down ~7% in 2 weeks. That's not easy to do. Congratulations on proving to everybody what I already knew. I guess ignorance is bliss.