The internet home for Hoos anywhere and everywhere.

The Corner

CT Wahoo

Joined: 01/10/2004 Posts: 9499
Likes: 2720


I read an article where S3 analysts believe the true short position is


Closer to 60% (which is still ridiculously high) once you factor in “synthetic long” positions generated by options. I’m assuming that means some people holding call options may have also done some short sales to hedge but the call options aren’t factored into the float used to calculate the reported short position.

That doesn’t change the fact that there are only so many actual shares out there and that some short sales were done without having actual shares in hand. If the shorts truly do have to purchase actual shares on the open market, they could be in for a beating if they have to cover by tomorrow.

As I understand it, Melvin and Citron are reportedly out. So, who is the party holding all these shorts and will they actually remain solvent to pay up?

(In response to this post by GoochlandHoo)

Posted: 01/28/2021 at 08:03AM



+1

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
  Watched the NewReport last night on PBS -- GoochlandHoo 01/28/2021 08:22AM
  See e.g. tulip run up in -- Spudnut 01/27/2021 9:14PM
  Not sure people planted tulips as an F U movement -- Chesapeake HOO 01/27/2021 9:43PM
  They are -- Spudnut 01/27/2021 9:46PM
  But the end result will be -- Spudnut 01/27/2021 9:50PM
  Think it’s flawed logic -- hoos2008 01/27/2021 8:51PM
  Don't the shorts have a time limit, though? -- SchmHoo 01/27/2021 9:00PM
  Yes. -- 135Dobie 01/27/2021 9:15PM
  Assuming option expiry on Friday ** -- hoos2008 01/27/2021 9:02PM
  The Redditors have delivered their demands. -- JMHoo 01/27/2021 8:44PM
  LOL..."eat a dick" ** -- GoochlandHoo 01/28/2021 06:16AM
  #reddit ** -- Trigon 01/27/2021 9:09PM
  Or buy stocks. That works too. ** -- QBSacker 01/27/2021 9:35PM
  Mostly what's the current situation? -- SchmHoo 01/27/2021 8:23PM
  Sort of. Yes. I responded above about margin. ** -- 135Dobie 01/27/2021 9:00PM
  Copy and paste from a friend -- WamplerR 01/27/2021 10:09PM
  Thank you! ** -- CavMan1 01/28/2021 09:46AM
  I think it’s that simple -- WamplerR 01/27/2021 8:38PM

Get the Sabre Edge!

Subscribe to TheSabre.com!

UVA Hoops Fans, Check Out Intangible

vm307