Kass, Stein, 5 billion shorts

Discussion in 'Trading' started by stock777, Jan 28, 2008.

  1. In his diatribe against Ben Stein, Doug Kass asserts that the 'dedicated' short community (do they go to picnics and Church) control only 5 billion dollars.

    If thats true , then the shorts are non event.

    Do you believe it?
  2. I definitely believe that, I'd say they are even tinier, Chanos hasn't done anything lately
  3. depends on how you define dedicated shorts. Traders can get short through futures and options, because of this, it is very difficult to know who is really short and who isn't!
  4. There is increasing evidence that 130/30 funds are becoming more common and therefore high short interest doesnt necessarily mean increased negative sentiment.
  5. "Everybody" likes 130/ 30, but what about 1xx/x0(0) ? :)
  6. What does 130/30 mean? Does it mean that they use derivatives to get a delta of +130 and offset it with delta of -30?
  7. Suss----130/30 is so "2007". Cool people are doing 1000/900!