I have never seen a company where the short interest is so high and that broker-dealers are contacting shareholders to borrow their long fully paid shares. Does anyone know of any other companies that this happened to and what was the result?
schwab sent me a standard form for me to agree to allow schwab to lend out my stock shares and in return i am compensated per formula. this standard form did NOT specifically mention sppi corp.
NOW DO YOU REALLY THINK THESE BROKERS HAVE NOT GONE THRU THIS PROCESS TIME AND TIME AGAIN ??? DO U REALLY THINK THIS IS SPPI SPECIFIC AND SPPI UNIQUE ??
are u serious or are you pulling our leg ? i cannot tell . furthermore, what bearing would the result of other companies have upon sppi corp ? i dont see the connection your question is looking for .
what, is your current position in sppi , if any ? long or short ? stock or options ? calls or puts ?
there are many many companies in 2012 that have had very high short interest.
are you aware of statistics indicating how in 2011 hedge funds underperformed s&P index ?? are you aware of hedge funds losing large sums of money ? did you read of the "london whale" who lost about what, 650 million ? i dont precisely recollect.
are there any reasons you can think of why the shortinterest might soon face the mother of all short squeezes ? please enumerate.
This is SPPI specific. As I previously reported, Schwab contacted me specifically about an account that has nothing but 4500 shares of SPPI and NOT on any of my other accounts.
Shorts are desperate. Why? Any reduction in shortable shares will force shorts to buy. Also, the only way they control the price is by shorting more. I do not buy the argument that shorts are just dying to go in deeper. There are limits to how much effective shorting a stock can take, and SPPI has pretty much reached that limit, IMO.