**** The June 27th trade -===== terry_insm • Jun 27, 2014 3:10 PM.- "Short @.19.51 all you can "
---(I also added the following Monday morning @ 20.45 ( RSI @ 80) with the blow off top.
kvncmcdd • Jun 27, 2014 "$19.51 I added 15,000 shares right at the close."
"by kvnmcdd • Jul 7th trade of 19.98 ! Added 4,000 shares...and youir 11,000 shares 30k ,wow!
We all know the covering price- ) Good Luck
I must confess I'm surprised there were still so many short shares......but I don't know much. FMJ....question.....are you implying you don't think the daily volume is right? I think it's pretty close......at least if they are basing the average daily volume from June 16th to the 30th. There were about 20 million shares traded on the 18th, 19th, and 20th Someone mentioned that there were a lot of short shares trapped......perhaps that is where it occurred.
These guys are doubling down. The higher it goes the more they short. The short volume ration today was 49%. The average this week looks to be almost 43%. I have no idea what their strategy is. Is it possible that someone is shorting the indexes and this is just part of it?