Hey Jay, Chill, Pal. I don't have any short positions in my portfolio at this time except a few 'puts' unrelated to NRF. The number in my original post is the total of all short seller's positions in NRF based on the twice per month reporting requirements.
Explains why the stock suffered in the regular session. I would guess that the 'current' short position has to be somewhere well above the 37m share level. Does not appear that there was any information 'leak' before the actual announcement, today. These guys have real class!
Total short position 36.89m Shares!
Nor is the ACA 'posted on the web'.......but, taxpayers have spent over $1B working on it!!!
I think you are correct..........except for the ones that do get cancer and other serious illnesses. But, I am sure there is an 'final solution' for them under the plan? You people just spew out whatever seems to fit. Do you ever think?? Just asking......
FTR has the 'HTB' designation at Schwab. Does Fidelity indicate an interest charge to borrow NRF? I would think that institutional shares would have a surcharge, unless of course, they are margined at Fidelity?
Schwab must not have a very active short trade in NRF? or, their data is bogus? They won't provide any information on short data when I call them.
There is a lot of NRF trading which is shown on level II as 'ADF' (Alternative Display Facility) which I believe is what is being referred too. This is particularly active during the 'tweener' trades when shorty is playing smack down.
Looks like Shorts are trying the 'stealth' exit approach first. Until someone big caves it will remain relatively organized! By mid 2014, the current price will look like an opportunity missed!
The folks that shorted NRF over the past couple of weeks are looking ?smarter? every day!
It is more simple to just use the various tools available on the Internet to make our investment decisions. The whole point of the comments you are trying to defend against, is, that folks get tired of listening to a pumper or basher who babbles on day after day trying to 'sell' their agenda. No one cares after the first post or two. I suggest you get a life and start enjoying it. Good luck with your investments.
Not sure I follow their logic, but, I certainly appreciate them setting up the stock price for a future upward move! As I've stated before, NRF has to be moving into 'double digit' territory by the beginning of 2014 or earlier. Is there a market 'correction' coming? I am sure there is at some point, but, one of the few advantages to being as old as I am is one learns that a correction is not a time to panic, but, an opportunity to accumulate. Good investing Longs!
The company remains a 'hold and accumulate' if one has a position, already. A definite 'buy' if you are not in already and are looking for income with growth. The coming upward adjustment in price to yield will be a bonus to all. IMHO
You are pretty stupid, aren't you? I would explain it too you, but, you wouldn't be able to comprehend the concept. If you did, you would immediately convert to denial mode and babble something unrelated to change the subject, Just a hint....QE and resulting.low interest rates aren't really working for the longer term for our nation, it is just another way to stick it to the next generation.