3 ms·
The way this usually works is someone buys a really large short position at a good price and then publicizes true information that convinces at least some long
by asdfasgasdgasdg 7y ago
The way this usually works is someone buys a really large short position at a good price and then publicizes true information that convinces at least some long traders to sell their positions.
There's also some question to me how much liquidity there is here. Their volume isn't tiny (at least according to Yahoo Finance) but I don't actually know how many shares are trading hands. There might not be a deep enough book to make it worth making the trades.
- mardifoufs 7y agoYep but that's my point! Odds are, if you can't even bother checking if you are buying the right stock beyond looking at the ticker, you won't know about a short seller publicly announcing it's short position.