JBBQ... you can visit here --> http://shortsqueeze.com
I was thinking about signing up for a month to see how the data could help in trading. They give you basic short information for free.
Daily short interest does not carry much value in my opinion. It is no more important than long volume, and neither can give you a really good insight into what happens next. Want to test it? Look at the short data and determine if it would generate a buy or sell signal in your opinion. Then look at the long data and do the same. If the short data signals a sell, then the long data should as well. There are two sides to a market and both get played. With Sirius XM there is a natural short position of about 250 million shares thanks to things like the converts. Convert holders that are short never have to cover. This equity can cover the short position in about 3 days.
It's funny, people seem to hate the shorts. Some of the most successful active traders I know are the ones that short equities. If I were an active trader and SIRI spiked to $3.25 tomorrow, I would short it in a heartbeat.
I went to a gun show in Portland this past Sat. I have never seen it so busy. People have been buying guns in earnest since Obama got elected and now a huge spike since the shootings. Time to short gun stocks here in 2-3 weeks as I believe there will be restrictions on AR's if not a ban. But people are out in big numbers buying. I bought 2 ar-15 high cap mags and a Glock 33 round 9mm mag....these will be banned
People have always had a reason to go crazy and buy guns because of the impending gun control doom ready to be smacked down on the public but, that doom never comes.
I wonder if its just an excuse for guys to tell their wives so they can buy more toys? Honey, you don't understand, Obama is going to take all of our guns away, I need to buy more before its too late!