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Smith & Wesson Holding Corporation Message Board

  • pow_351_go pow_351_go Mar 7, 2013 2:21 PM Flag

    Shorts are going to be SHORT for a very long time.......................................

    Looks like the shorts are in it for the long run. Be careful of the acquisition, shorty, it could blow your thesis!

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    • pow, what do you base this on? I believe the short nos. come out twice a month (they should be daily but that is a discussion for another day) so we really don't know. You don't think there was some/alot of covering yesterday morning? The options action though not a perfect indicator and can be used by bears for hedging seem to indicate that this puppy could explode upward once the BS clears the air.

      • 2 Replies to basicanmandy
      • basic, there is a site called short volume. Common, they produce daily graphs showing over all volume verses short based on FINRA numbers. I need to learn how to get past the Yahoo censors this is my forth attempt.

      • Basic. Take what I say not so seriously. But I agree, there was some short covering yesterday along with ( perhaps) some of the chickensh!t funds selling. How orderly can one get in the process of covering the short.

        So I think once the re-arranging stops, swhc will go up as it did today.

        Options action is interesting. I am always Leary of new positions being opened. Call sellers are shorts in disguise, and are usually smarter than your average bear, right? They make their living selling wooden nickels.

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