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Message: Short sales report

During the last few reporting period, shorters have reduced their activity on HPQ from more than 12% of total volume about a month ago to less than 2% in the latest period. Also reducing their long therm short position by 386 thousand shares two weeks ago. My guess is, they are still currently trying to cover some more. In a few days, when the consolidated report comes out, we will know how much more they have covered. It seems they are in their profit range, and they will try to keep the share price within that range for as long as they can so they can keep on covering their position at a profit. I’m not expecting too much downward pressure on the share price. Selling now only helps them to profit at your own expense.

HPQ-Silicon Resources Inc.
  Short % Short % Short % Average Consolidated
Date Sale Total Traded Total Traded Total price No of Net
  Trades Trades Volume Volume Value Value of short shares Change
                   
Apr 30 22                  
Apr 30 22 24 1.683 53559 2.128 23 985 $ 2.140 0,45 $    
Apr 15 22               874589 -386571
Apr 15 22 98 2.679 298591 4.397 150 397 $ 4.470 0,50 $    
Mar 31 22               1261160 296103
Mar 31 22 740 12.481 1786472 13.136 912 201 $ 13.592 0,51 $    
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