Even before the report came out, and just by seeing the basher’s activity in the outhouse lately, we could easily deduce that the short report would show an increase of shorters activity.

Since the beginning of the year, they had reduced their shorting to as low as 1% of total volume, and they started covering their long term shorts.

About a week ago, increased buying on the market, forced the share price to go up to above ,60.

The shorters, eager to keep the share price in their profit range, increased their shorting to above 12% of total volume during the latest period, and their average short price at ,51 shows that most of their shorting activity happened yesterday.

If you have done your due diligence and you believe that HPQ’s share price will be much higher in the near future, do not be fooled by the shorters manipulation, accumulate now, they will not be able to keep the share price down once the market jumps in.