Shorting

General Off Topic
1

Any of you guys follow short interest in your stocks? I looked up MUX for grins and it gets worked over pretty well.
I use these sites for my info:

https://www.sec.gov/answers/shortsalevolume.htm

https://www.sec.gov/foia/docs/failsdata.htm

http://www.buyins.net/

I also suggest the movie “The Big Short” for enlightenment as to business as usual in the market.

2

you make any money trading off this information?

just wonderin

3

I lost 12K in about 2 minutes while shorting stocks… I ran from it like a scolded puppy…

4
quote:
Originally posted by PeaPod

you make any money trading off this information?

just wonderin

Yes. Shorts have to buy back eventually, unless the company goes BK. The short is a reflection of the margin on a stock. The short interest is data that it is available to the public...the margin is for "them"...not public. If fails to deliver are going up on a heavily shorted stock, "they" will be forced to buy to prevent "their" stock from becoming a threshold security and triggering SEC regs for trading. Depends how much work you want to put into it.
5
quote:
Originally posted by skinneej

I lost 12K in about 2 minutes while shorting stocks… I ran from it like a scolded puppy…

I don't short but I do trade with them. When institutional support and short is high...
6

Why not just buy quality companies that you believe in?

7
quote:
Originally posted by 23Sailfish

Why not just buy quality companies that you believe in?

High risk, high reward. Why would one spend all the money on a boat/fuel/ice/etc. when you can buy the fish at the market?
8

Not sure if I’d mess with shorting MUX, but it definitely moves whichever direction it decides to go.

BTW, some of the most hated stocks are the ones that have done better than others (over the past few years since everything is so FUBAR’d)