3 ms·
> If you take synthetic longs out of the equation, the number drops to well below 100%: "If you don't count the shares shorted over 100%, there are no shares s
by viklove 6y ago
> If you take synthetic longs out of the equation, the number drops to well below 100%:
"If you don't count the shares shorted over 100%, there are no shares shorted over 100%!"
I really feel like you don't know what you're talking about.
- incrudible 6y agoIsn't your implication of "shorted above 100%" that there are shares that don't exist that need to be bought back? With synthetic longs, that just isn't the case. If that isn't the case, then what's the issue with percentage of float shorted above 100%? I'll tell you: There simply is no issue here, it's just an accounting curiosity. Now, perhaps you aren't making that argument, but the person writing the blog post for this comment thread is making that argument. It's used to convince clueless people that if only everyone holds on to their shares, they need to be bought back at practically any price. It's just not true. If indeed you aren't making that argument, then I don't really get your point.