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Caterpillar Inc. Message Board

  • skipto.mylou skipto.mylou Sep 12, 2013 12:18 PM Flag

    Someone's Covering Their CAT Short Big Time

    The last two weeks in August, the short position in CAT dropped to 24,846,350, that's over 8,000,000 shares covered. Since other fools were shorting CAT during this time, the number covered is well over 8,000,000 shares..

    One guess who is covering, Jim Chanos, the same schmuck that said to short CAT over a month ago.

    That's the game the big boys play, they short in 90's, then tell everyone else to short, then they cover in the low 80s.

 
CAT
75.95+0.29(+0.38%)Aug 28 4:00 PMEDT