This might be helpful to see the retail sentiment from Fridays volume.
Or it might not, but at least we can see what fellow forum members did, without being named.
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This might be helpful to see the retail sentiment from Fridays volume.
Or it might not, but at least we can see what fellow forum members did, without being named.
damnit, i thought maybe there was a shareholder surprise and they bought us all some shares distributed to the shareholders of record on friday..
A combination of shorts covering and russel rebalance?
so how many shares are unaccounted for, there was over 400 million on friday, is that what you are trying to do? seems we are missing about 110 million shares? If so, wouldn't that be the normal trading amount that was going on during the day?
550 million shares traded, including the russel shares. About 200 million that must have went long, or a new short simply closed into a new one. But thats seems silly to me. But it is possible. Like, im done shorting sirius, you want to now. Ok, here. Ill get these shares back at .30, no worries. With the information we have, that isnt impossible. But that would be the worst case scenario. More than likely, it was a new long position, and 200 million shares from retailers went bye bye.
The 120 million shares you are looking for, relmor, flew through the market beginning around 3:58pm eastern time on Friday. I watched it in real time on my iPhone via TDA's app.
At 3:58pm, our total daily volume was at 14x,000,000 shares.
Less than one and 1/2 minute later at 4:00pm eastern time, the total daily volume was right at 260 million shares.
In the blink of an eye...
Last edited by GoHerdGreg; 06-29-2009 at 03:37 PM. Reason: Correction to time detail
100k shares here, havent changed that position in months. not changing position either in the next few months unless it hits $20..LOL