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Message: Re: Shorts
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Sep 07, 2011 06:25PM
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Sep 08, 2011 12:34PM

347,000

That sounds like a big number, and I agree for SLI it is, but let's put it into perspective.

It represents less than 0.003% of our total share float. Which means that the remaining 99.997% of the float is held by longs, officially. I would suggest that this is why their activity does not have much of a lasting effect on the share price.

By comparison, there are some companies trying to cope with 10%, 20% and even more of their share float being shorted.

So don't worry about the daily fluctuations, on the next good NR, these guys will be gone.

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Sep 08, 2011 01:38PM
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